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Change - Announcement Of Cessation Of Chief Financial Officer

BackJul 27, 2017
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Jul 27, 2017 17:23
Status New
Announcement Sub Title Cessation of Chief Financial Officer
Announcement Reference SG170727OTHRYROU
Submitted By (Co./ Ind. Name) Mary Judith de Souza
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Cessation of Chief Financial Officer
Additional Details
Name Of Person Tan Meng Teck, Arthur
Age 43
Is effective date of cessation known? Yes
If yes, please provide the date 28/07/2017
Detailed Reason (s) for cessation Mr Tan Meng Teck, Arthur has been with the Company since 2013 and has been the Chief Financial Officer of Ascendas Property Fund Trustee Pte. Ltd. (APFT), in its capacity as the Trustee-Manager of Ascendas India Trust (a-iTrust), and its subsidiaries.

After more than 4 years of service, Mr Tan has decided to tender his resignation to pursue a career interest out of the Group.
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 11/03/2013
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 1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Financial Officer
Role and responsibilities Mr Tan oversees the financial operations of APFT, in its capacity as Trustee-Manager of a-iTrust, and its subsidiaries. This includes financial compliance and reporting, financial management, corporate finance and treasury management.
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? No
Past (for the last 5 years) 1. Ascendas India Fund Holdings Pte. Ltd.
2. Ascendas India Growth Programme 1 Pte. Ltd.
3. Ascendas IT Park (Chennai) Limited
4. Information Technology Park Ltd
5. G.P. Realtors Private Ltd
Present Nil