Change - Announcement Of Cessation Of Mr Lucas Ignatius Loh Jen Yuh As A Non-Executive Non-Independent Director
BackApr 30, 2021
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 30, 2021 17:56 |
| Status | New |
| Announcement Sub Title | Cessation of Mr Lucas Ignatius Loh Jen Yuh as a Non-Executive Non-Independent Director |
| Announcement Reference | SG210430OTHRYNBF |
| Submitted By (Co./ Ind. Name) | Chuo Cher Shing |
| Designation | Company Secretary, CapitaLand China Trust Management Limited |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Mr Lucas Ignatius Loh Jen Yuh as a Non-Executive Non-Independent Director and Chairman of Executive Committee |
| Additional Details | |
| Name Of Person | Lucas Ignatius Loh Jen Yuh |
| Age | 54 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/05/2021 |
| Detailed Reason (s) for cessation | Mr Lucas Ignatius Loh Jen Yuh has relinquished his role as President, China, CapitaLand Limited group and has taken on an advisory, non-executive role as the Group's China Chief Representative with effect from 28 April 2021. Accordingly, he will step down as a director of the Company. |
| 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 | 16/08/2019 |
| 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) | 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 (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive Non-Independent Director and Chairman of the Executive Committee |
| Role and responsibilities | Non-Executive Non-Independent Director and Chairman of the Executive Committee |
| 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 | 82,372 units in CapitaLand China Trust |
| Past (for the last 5 years) | Please refer to the attached Appendix A |
| Present | Please refer to the attached Appendix B |
Attachments
- Appendix A (Size: 124,525 bytes)
- Appendix B (Size: 104,742 bytes)