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Change - Announcement Of Resignation Of Ms Elaine Carole Young As A Non-Executive Independent Director

BackJun 16, 2020
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Jun 16, 2020 12:26
Status New
Announcement Sub Title Resignation of Ms Elaine Carole Young as a Non-Executive Independent Director
Announcement Reference SG200616OTHRFQJ2
Submitted By (Co./ Ind. Name) Karen Chan
Designation Company Secretary, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below) Resignation of Ms Elaine Carole Young as a Non-Executive Independent Director and a member of Audit Committee.
Additional Details
Name Of Person Elaine Carole Young
Age 55
Is effective date of cessation known? Yes
If yes, please provide the date 17/06/2020
Detailed Reason (s) for cessation Ms Elaine Carole Young is stepping down so as to focus on her other commitments.
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 01/09/2016
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) 5
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 Independent Director and Member of Audit Committee.
Role and responsibilities Non-Executive Independent Director and Member of Audit Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries None
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details 103,312 stapled securities in Ascott Residence Trust
Past (for the last 5 years) Please refer to the attached Appendix A.
Present Please refer to the attached Appendix B.

Attachments

  1. Appendix A & B (Size: 63,556 bytes)