Change - Announcement Of Cessation Of Chief Financial Officer
15 Oct 2021
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Oct 15, 2021 17:42 |
| Status | New |
| Announcement Sub Title | Cessation of Chief Financial Officer |
| Announcement Reference | SG211015OTHR5I6O |
| Submitted By (Co./ Ind. Name) | Hon Wei Seng |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Mr Tan Choon Siang as Chief Financial Officer of Ascendas Property Fund Trustee Pte. Ltd. |
| Additional Details | |
| Name Of Person | Tan Choon Siang (Chen JunXiang) |
| Age | 45 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/11/2021 |
| Detailed Reason (s) for cessation | Mr Tan will assume another management appointment within the CapitaLand Investment Limited 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 | 28/07/2017 |
| 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 of Ascendas Property Fund Trustee Pte. Ltd. |
| Role and responsibilities | Mr Tan oversees the financial and regulatory reporting, treasury, investor relations, taxation, risk management and compliance matters. |
| 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 | 192,916 units in Ascendas India Trust |
| Past (for the last 5 years) | 1. Ascendas Singapore-Hangzhou Science & Technology Park III Pte. Ltd. 2. Ascendas Singapore-Hangzhou Science & Technology Park IV Pte. Ltd. 3. Ascendas India Fund Holdings Pte. Ltd. 4. Ascendas India Growth Programme 1 Pte. Ltd. 5. Xi An Business Park III Pte. Ltd. 6. ACCF3 Holding Pte. Ltd. 7. ACCF3 Trustee Pte. Ltd. 8. Shanghai Jiujiang Pte. Ltd. 9. Ascendas Chengshan Investment Pte. Ltd. |
| Present | 1. Ascendas Property Fund (India) Pte. Ltd. 2. Ascendas Property Fund (FDI) Pte. Ltd. 3. Minerva Veritas Capital Partners Pte. Ltd. 4. Information Technology Park Ltd 5. Ascendas IT Park (Chennai) Limited 6. Avance-Atlas Infratech Private Limited 7. Deccan Real Ventures Private Limited 8. Hyderabad Infratech Private Limited 9. Cyber Pearl Information Technology Park Private Limited 10. VITP Private Limited 11. Phoenix IT Infrastructure India Private Limited |