News
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
- Appendix A & B (Size: 63,556 bytes)