| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 30, 2019 18:58 |
| Status | New |
| Announcement Sub Title | Announcement of Cessation of Chief Executive Officer - Ms Gouw Vi Ven |
| Announcement Reference | SG190430OTHROLLG |
| Submitted By (Co./ Ind. Name) | Victor Lai Kuan Loong |
| Designation | Company Secretary, LMIRT Management Ltd. (as manager of Lippo Malls Indonesia Retail Trust) |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Ms Gouw Vi Ven as Chief Executive Officer |
| Additional Details | |
| Name Of Person | Gouw Vi Ven |
| Age | 64 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/05/2019 |
| Detailed Reason (s) for cessation | Ms Gouw Vi Ven stepped down as Chief Executive Officer but she will remain as part of the Board as an Executive Director of LMIRT Management Ltd. (as Manager of Lippo Malls Indonesia Retail Trust, "LMIR Trust") to provide strategic counsel and guidance. |
| 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 | 05/10/2018 |
| 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 | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Director and Chief Executive Officer up to 30 April 2019. Effective 1 May 2019, Ms Gouw Vi Ven will remain as Executive Director. |
| Role and responsibilities | Executive responsibilities over business direction and operational decisions concerning the management of LMIR Trust. |
| 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? | No |
| Past (for the last 5 years) | Please see attached. |
| Present | LMIRT Management Ltd. (as manager of LMIR Trust) |
Attachments