Announcement Of Cessation As Acting Chief Financial Officer
BackMar 12, 2013
| Resignation Details | |
| Name Of Person | Jayanti Sari Jong |
| Age | 46 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 11/03/2013 |
| Detailed Reason(s) for Cessation | Ms Jong was appointed as the Acting Chief Financial Officer ("CFO") of Ascendas Property Fund Trustee Pte Ltd ("APFT"), the Trustee-Manager of Ascendas India Trust ("a-iTrust") until a permanent appointment was made. The Board of Directors of APFT, in its capacity as a Trustee-Manager of a-iTrust, had approved the appointment of Mr Arthur Tan Meng Teck as the Chief Financial Officer of the Trustee-Manager of a-iTrust. |
| 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 | 31/01/2013 |
| Job Title | Acting Chief Financial Officer |
| Role and Responsibilities | Ms Jong oversees the financial operations of a-iTrust and APFT. This includes financial reporting and compliance, financial management, corporate finance and treasury management. |
| 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) | 6 |
| Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months | 2 |
| Interest 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 | NO |
| Other Directorship | |
| Past Directorship (for the last five years) | 1. Ascendas (ACCF) Hondlings Pte. Ltd. (Resigned on 12 May 2009) 2. Ascendas (ACIBPF) Holdings Pte. Ltd. (Resigned on 12 May 2009) 3. Ascendas Vietnam Investments Pte. Ltd. (Resigned on 12 May 2009) |
| Present Directorship | NIL |
| Other Notes | |
| Footnotes | Ms Jong will relinquish her duty and responsibilities as the Acting CFO upon the appointment of Mr Arthur Tan Meng Teck as CFO of the Trustee-Manager of a-iTrust. |