News
Change - Announcement Of Cessation As CEO Of CapitaLand Singapore And Key Management Personnel Of CapitaLand Group
Back25 Apr 2017
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 25, 2017 7:00 |
| Status | New |
| Announcement Sub Title | Cessation as CEO of CapitaLand Singapore and key management personnel of CapitaLand Group |
| Announcement Reference | SG170425OTHRQTYF |
| Submitted By (Co./ Ind. Name) | Michelle Koh |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | The attached announcement issued by CapitaLand Limited on the above matter is for information. |
| Additional Details | |
| Name Of Person | Wen Khai Meng |
| Age | 62 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/05/2017 |
| Detailed Reason (s) for cessation | Mr Wen Khai Meng will assume the role of Senior Advisor, Group Strategy with effect from 1 May 2017. Mr Wen has been a key member of CapitaLand's leadership team holding key appointments in commercial, financial, REIT and residential businesses. The Company will continue to tap on and benefit from his extensive and invaluable experience. |
| 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 | 01/03/2013 |
| 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) | 6 |
| 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 Executive Officer of CapitaLand Singapore |
| Role and responsibilities | Oversee the residential and commercial property businesses in Singapore. |
| 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? | Yes |
| Shareholding Details | CapitaLand Limited - 456,896 shares |
| Past (for the last 5 years) | Please see Appendix A |
| Present | Please see Appendix B |
Attachments
- Appendix A (Size: 100,058 bytes)
- Appendix B (Size: 117,328 bytes)