Announcement Of Cessation As Independent Director
BackJul 27, 2012
| Resignation Details | |
| Name Of Person | Amal Ganguli |
| Age | 72 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 30/06/2012 |
| Detailed Reason(s) for Cessation | Mr Ganguli retired on 30 June 2012 after conclusion of a term exceeding 5 years on the Board of Ascendas Property Fund Trustee Pte Ltd ("APFT"), as Trustee-Manager of Ascendas India 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? | Yes |
| If yes, please elaborate | The Board of Directors of APFT is pleased to announce that Mr Ganguli will continue to serve as an advisor to the Board till 31 December 2012. |
| Date of Appointment to current position | 11/06/2007 |
| Job Title | Independent Director |
| Role and Responsibilities | Mr Ganguli was a member of the Investment Committee. |
| 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) | 7 |
| Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months | 0 |
| Shareholding in the listed issuer and its subsidiaries | Nil. |
| 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) | 1. Tube Investments India Ltd |
| Present Directorship | 1. Maruti Suzuki India Ltd 2. HCL Technologies Limited 3. New Delhi Television Limited 4. Laurus Labs Pvt Ltd 5. Avtec Ltd 6. Tata Communications Ltd 7.AIG Trustee Co India Pvt Ltd 8.ML Infomap Pvt Ltd 9. Century Textiles and Industries Ltd 10. ICRA Ltd 11. Hughes Communications India Ltd 12. Aricent Technologies (Holdings) Ltd 13. Triveni Turbine Ltd 14. Tata Teleservices Maharashtra Ltd |