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Change - Announcement Of Cessation Of Chief Financial Officer

BackJan 10, 2019
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Jan 10, 2019 19:16
Status New
Announcement Sub Title Cessation of Chief Financial Officer
Announcement Reference SG190110OTHR1PJ3
Submitted By (Co./ Ind. Name) Lim Wai Pun
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Cessation of Ms Soon Suet Har as Chief Financial Officer.
Additional Details
Name Of Person Soon Suet Har
Age 45
Is effective date of cessation known? Yes
If yes, please provide the date 11/01/2019
Detailed Reason (s) for cessation Returning to Singapore Press Holdings Limited for other exposure and development.
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 15/10/2013
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 3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Financial Officer/Head of Investor Relations
Role and responsibilities To formulate strategic plans for SPH REIT in accordance with the Manager's stated investment strategy. She is responsible for applying the appropriate capital management strategy, including tax and treasury matters, as well as finance and accounting matters, including statutory reporting, overseeing implementation of SPH REIT's short and medium-term business plans, fund management activities and financial condition. In the area of investor relations, she is responsible for facilitating communications and liaison with Unitholders.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries NIL
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details 14,987 SPH REIT Units (Direct)
Past (for the last 5 years) NIL
Present NIL