Change - Announcement Of Cessation Of Mr Alan Rupert Nisbet As A Non-Executive Independent Director
BackSep 29, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 29, 2023 17:51 |
| Status | New |
| Announcement Sub Title | Cessation of Mr Alan Rupert Nisbet as a Non-Executive Independent Director |
| Announcement Reference | SG230929OTHR4UTW |
| Submitted By (Co./ Ind. Name) | Hon Wei Seng |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Mr Alan Rupert Nisbet as a Non-Executive Independent Director, Lead Independent Director, Chairman of the Audit and Risk Committee ("ARC") and a member of the Nominating and Remuneration Committee ("NRC"). |
| Additional Details | |
| Name Of Person | Alan Rupert Nisbet |
| Age | 72 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/09/2023 |
| Detailed Reason (s) for cessation | Retirement as a Non-Executive Independent Director. Following Mr Nisbet's retirement as a Non-Executive Independent Director, he also will cease to be the Lead Independent Director, Chairman of the ARC and a member of the NRC. |
| 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 | 30/09/2015 |
| 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) | 4 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive Independent Director, Lead Independent Director, ARC Chairman and NRC Member. |
| Role and responsibilities | Non-executive |
| 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 | Mr Nisbet has a deemed interest in 64,229 units in CapitaLand India Trust. |
| Past (for the last 5 years) | Please refer to Appendix "A" |
| Present | Please refer to Appendix "A" |
Attachments
- Appendix A (Size: 41,763 bytes)