News
Change - Announcement Of Cessation Of Appointment Of Non-Executive And Non-Independent Director
Nov 22, 2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Nov 22, 2022 19:07 |
| Status | New |
| Announcement Sub Title | Cessation of Appointment of Non-Executive and Non-Independent Director |
| Announcement Reference | SG221122OTHRHW9U |
| 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 Rodney Vaughan Fehring as a Non-Executive and Non-Independent Director on the Board. |
| Additional Details | |
| Name Of Person | Rodney Vaughan Fehring |
| Age | 64 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/12/2022 |
| Detailed Reason (s) for cessation | Mr Fehring has served as a Non-Executive and Non-Independent Director of Frasers Logistics & Commercial Asset Management Pte. Ltd. ("FLCAM"), the manager of Frasers Logistics & Commercial Trust ("FLCT") since 11 February 2019 and is retiring from the Board of FLCAM. The Board expresses its appreciation to Mr Fehring 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 | 11/02/2019 |
| 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) | 4 |
| 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 Non-Independent Director |
| 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: Nil Deemed: 132,000 |
| Past (for the last 5 years) | Please see attached. |
| Present | Please see attached. |
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