Change - Announcement Of Retirement Of Independent Director
BackJul 31, 2019
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 31, 2019 17:26 |
| Status | New |
| Announcement Sub Title | Retirement of Independent Director |
| Announcement Reference | SG190731OTHR3Z2B |
| Submitted By (Co./ Ind. Name) | Mary Judith de Souza |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Independent Director |
| Additional Details | |
| Name Of Person | Girija Prasad Pande |
| Age | 69 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/07/2019 |
| Detailed Reason (s) for cessation | Retirement, as part of Ascendas Property Fund Trustee Pte. Ltd.'s regular Board succession and renewal process. |
| 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 | 15/01/2013 |
| 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) | 3 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director and 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 subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | Mr Pande holds 77,000 units in Ascendas India Trust |
| Past (for the last 5 years) | 1. Techware Investments Pte. Ltd. 2. Singapore Management University (Advisory Board) 3. IA Technologies Pte Ltd |
| Present | 1. Micro-Mechanics (Holdings) Ltd 2. Tata Communications International Pte. Ltd. 3. Apex Avalon Consulting Pte Ltd 4. Apex Advisors Pte. Ltd. 5. IBS Software Pte Ltd 6. Tryb Pte Ltd 7. National Council of Social Services 8. Singapore Indian Development Association (as Trustee) 9. Singapore International Chamber of Commerce 10. Institute of South Asian Studies - part of NUS (Advisory Board) 11. National Healthcare Group Pte Ltd 12. iShine Cloud Limited |