Change - Announcement Of Cessation Of Independent Director
BackSep 30, 2015
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation of Independent Director |
| Securities | ASCENDAS INDIA TRUST (ASCENIND) |
| Date & Time of Broadcast | Sep 30, 2015 17:18 |
| Submitted By | Mary Judith de Souza Company Secretary |
| Description | Cessation of Independent Director |
| Cessation Details | |
| Name of person | Rakesh Kumar Aggarwal |
| Age | 63 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Sep 30, 2015 |
| Detailed reason(s) for cessation | This is part of the regular Board renewal process which is a policy of Ascendas Property Fund Trustee Pte. Ltd. ("APFT"), as Trustee-Manager of Ascendas India Trust ("a-iTrust"). |
| 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 | Nov 16, 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 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 | 0 |
| Job Title | Independent Director of APFT and a member of the Investment Committee |
| 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 | Deemed interest - 5,000 units 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: 101,012 bytes)