Change - Announcement Of Cessation As Non-Executive Director
BackOct 02, 2014
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation as Non-Executive Director |
| Securities | ASCENDAS INDIA TRUST (ASCENIND) |
| Date & Time of Broadcast | Oct 2, 2014 7:24 |
| Submitted By | Mary J. de Souza Company Secretary |
| Description | Cessation as Non-Executive Director |
| Cessation Details | |
| Name of person | Jonathan Yap |
| Age | 46 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Oct 1, 2014 |
| Detailed reason(s) for cessation | This is part of senior leadership succession planning. Mr Yap will focus on his role as Assistant Group CEO, Overseas Funds of Ascendas Pte Ltd, the ultimate holding company of Ascendas Property Fund Trustee Pte Ltd. |
| 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 | Jun 11, 2007 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this account this cessation) | 6 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 1 |
| Job Title | Non-Executive Director |
| Role and responsibilities | Non-executive |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Nil |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | Mr Yap holds 500,000 units and 150,000 units as direct and deemed interests in a-iTrust. |
| Other directorships | |
| Past (for the last 5 years) | Please refer to the attachment |
| Present | Please refer to the attachment |
Attachments
- Attachment 1 (Size: 7,596 bytes)