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Change - Announcement Of Cessation Of Appointment Of Non-Executive And Independent Director

Jan 28, 2022

Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Jan 28, 2022 22:47
Status New
Announcement Sub Title Cessation of Appointment of Non-Executive and Independent Director
Announcement Reference SG220128OTHRFN14
Submitted By (Co./ Ind. Name) Catherine Yeo
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Retirement of Mr Paul Gilbert Say as a Non-Executive and Independent Director on the Board and as a member of the Audit, Risk and Compliance Committee.
Additional Details
Name Of Person Paul Gilbert Say
Age 62
Is effective date of cessation known? Yes
If yes, please provide the date 31/01/2022
Detailed Reason (s) for cessation Mr Say has served as a Non-Executive and Independent Director of Frasers Logistics & Commercial Asset Management Pte. Ltd. ("FLCAM"), the manager of Frasers Logistics & Commercial Trust ("FLCT") since 26 May 2016 and is retiring from the Board of FLCAM. The Board expresses its appreciation to Mr Say for his dedication and invaluable contribution during his tenure of service.
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 26/05/2016
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) 4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Executive and Independent Director and a member of the Audit, Risk and Compliance Committee.
Role and responsibilities As above.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries No
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details Deemed interested in 165,000 units in FLCT
Past (for the last 5 years) Nil
Present 1. Independent Non-Executive Director of Cedar Woods Properties Limited
2. Independent Non-Executive Director of ALE Property Group
3. Non-Executive Director of Cameron Brae Group
4. Director/Sole Trader of Stratum Pty Ltd
5. Board Member of Women's Community Shelters
6. Panel Member of NSW Urban Growth Advisory Board

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