News
Announcement Of Cessation As Chief Executive Officer
BackFeb 03, 2012
| Resignation Details | |
| Name Of Person | Chong Kee Hiong |
| Age | 45 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 06/02/2012 |
| Detailed Reason(s) for Cessation | To assume the appointment as Chief Executive Officer of The Ascott Limited, the parent company of Ascott Residence Trust Management Limited. Mr Chong will remain as a Non-Executive Director of Ascott Residence Trust Management Limited, the manager of Ascott Residence Trust. |
| Is there any difference of opinion on material matters between the person and the Board of directors? | No |
| If yes, please elaborate | NA |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| If yes, please elaborate | NA |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| If yes, please elaborate | NA |
| Date of Appointment to current position | 22/11/2005 |
| Job Title | Chief Executive Officer |
| Role and Responsibilities | Chief Executive Officer |
| Does the AC have a minimum of 3 members (taking into account this resignation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 3 |
| Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months | 1 |
| Interest in the listed issuer and its subsidiaries | 815,000 units in Ascott Residence Trust (own) 200,000 units in Ascott Residence Trust (spouse) |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Other Directorship | |
| Past Directorship (for the last five years) | Please refer to Appendix A. |
| Present Directorship | Please refer to Appendix B. |
Attachments
- Attachment 1 (Size: 29,684 bytes)
- Attachment 2 (Size: 9,772 bytes)