Change - Announcement Of Resignation Of Board Chairman, Non-Independent Non-Executive Director And Member Of Nominating and Remuneration Committee
BackDec 27, 2019
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Dec 27, 2019 17:50 |
| Status | New |
| Announcement Sub Title | Resignation of Board Chairman, Non-Independent Non-Executive Director and member of NRC |
| Announcement Reference | SG191227OTHRR10J |
| Submitted By (Co./ Ind. Name) | Tan Lay Hong |
| 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) | Resignation of Mr Ketut Budi Wijaya as Board Chairman, Non-Independent Non-Executive Director and member of Nominating and Remuneration Committee |
| Additional Details | |
| Name Of Person | Ketut Budi Wijaya |
| Age | 64 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/12/2019 |
| Detailed Reason (s) for cessation | In line with the board renewal undertaken by the Manager. |
| 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 | 01/06/2015 |
| 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) | 2 |
| 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.) | Board Chairman, Non-Independent Non-Executive Director and member of Nominating and Remuneration Committee |
| Role and responsibilities | Non-Executive |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Please see annexure A. |
| Present | Please see annexure A. |
Attachments
- Annexure A (Size: 20,286 bytes)
- Announcement (Size: 33,654 bytes)
- Press Release (Size: 45,513 bytes)