Change - Announcement Of Cessation Of Executive Director, Chief Executive Officer And Investor Relations Officer
BackMar 09, 2016
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Change - Announcement of Cessation |
| Securities | LIPPO MALLS INDO RETAIL TRUST (LIPPOMAL) |
| Date & Time of Broadcast | Mar 9, 2016 17:15 |
| Submitted By | Alvin Cheng Yu Dong Executive Director & CEO, LMIRT Management Ltd. (as manager of Lippo Malls Indonesia Retail Trust) |
| Description | Please see the details below. |
| Cessation Details | |
| Name of person | Alvin Cheng Yu Dong |
| Age | 56 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Apr 30, 2016 |
| Detailed reason(s) for cessation | To pursue his other personal and professional interests |
| 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 | Apr 27, 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 this 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 | 0 |
| Job Title | Executive Director and Chief Executive Officer and Investor Relations Officer |
| Role and responsibilities | Full executive responsibilities over business direction and operational decisions concerning the management of Lippo Malls Indonesia Retail Trust. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | None. |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | None |
| Present | Executive Director & CEO, LMIRT Management Ltd and director of group member subsidiaries. |