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Change - Announcement Of Retirement Of Mr Lim Ming Yan As Deputy Chairman And Non-Executive Non-Independent Director

BackJun 29, 2018

Announcement Title	Change - Announcement of Cessation
Date & Time of Broadcast	Jun 29, 2018 17:17
Status	New
Announcement Sub Title	Retirement of Mr Lim Ming Yan as Deputy Chairman and Non-Executive Non-Independent Director
Announcement Reference	SG180629OTHRFD9Y
Submitted By (Co./ Ind. Name)	Karen Chan
Designation	Company Secretary, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below)	Retirement of Mr Lim Ming Yan as Deputy Chairman and Non-Executive Non-Independent Director and Chairman of the Executive Committee.
Additional Details
Name Of Person	Lim Ming Yan
Age	55
Is effective date of cessation known?	Yes
If yes, please provide the date	01/07/2018
Detailed Reason (s) for cessation	Mr Lim Ming Yan is stepping down due to his retirement as President & Group Chief Executive Officer of CapitaLand Limited, the holding company of Ascott Residence Trust Management Limited.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?	No
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
Any other relevant information to be provided to shareholders of the listed issuer?	No
Date of Appointment to current position	23/07/2009
Does the AC have a minimum of 3 members (taking into account this cessation)?	Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)	3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)	Deputy Chairman, Non-Executive Non-Independent Director and Chairman of the Executive Committee.
Role and responsibilities	Deputy Chairman, Non-Executive Non-Independent Director and Chairman of the Executive Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries	Nil
Shareholding interest in the listed issuer and its subsidiaries?	Yes
Shareholding Details	334,766 units in Ascott Residence Trust
Past (for the last 5 years)	Please refer to the attached Appendix A.
Present	Please refer to the attached Appendix B.

Attachments

Appendix A (Size: 9,974 bytes)
Appendix B (Size: 24,615 bytes)