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

Aug 29, 2022

Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Aug 29, 2022 20:17
Status New
Announcement Sub Title Cessation of Appointment of Non-Executive and Independent Director
Announcement Reference SG220829OTHRT3MB
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 Chin Yoke Choong as a Non-Executive and Independent Director on the Board, the Chairman of the Audit, Risk and Compliance Committee and a member of the Nominating and Remuneration Committee.
Additional Details
Name Of Person Chin Yoke Choong
Age 70
Is effective date of cessation known? Yes
If yes, please provide the date 01/09/2022
Detailed Reason (s) for cessation Mr Chin 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 29 April 2020 and is retiring from the Board of FLCAM. The Board expresses its appreciation to Mr Chin for his dedication and invaluable contribution during his tenure of service.

Mr Chin plans to take up other board and board committee appointments, and has decided to retire from FLCAM in order to better manage his time commitment.
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 29/04/2020
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 2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Executive and Independent Director, the Chairman of the ARCC and a member of the NRC.
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 Interest in units of FLCT:
Direct: 136,082
Deemed: 100,000
Past (for the last 5 years) Please see attached.
Present Please see attached.

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