News

Change - Announcement Of Retirement Of Mr Lim Ming Yan As Non-Independent Director

Back28 Dec 2018
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Dec 28, 2018 18:18
Status New
Announcement Sub Title Retirement of Mr Lim Ming Yan as Non-Independent Director
Announcement Reference SG181228OTHRP6EX
Submitted By (Co./ Ind. Name) Michelle Koh
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Retirement of Non-Independent Director
Additional Details
Name Of Person Lim Ming Yan
Age 55
Is effective date of cessation known? Yes
If yes, please provide the date 31/12/2018
Detailed Reason (s) for cessation CapitaLand Limited ("CapitaLand") refers to its announcement dated 1 June 2018 and 28 August 2018. Mr Lim Ming Yan stepped down as President & Group CEO on 15 September 2018; he was to remain on the Board as Non-Independent Director until 31 December 2018. The Board thank him for his many years of dedicated service and contributions to the CapitaLand Group and wish him success in his future endeavours.
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 01/01/2013
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) 9
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Independent Director
Role and responsibilities Non-Independent Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries None
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details CapitaLand Limited - 2,485,371 shares
Past (for the last 5 years) Please refer to the attached Appendix A
Present Please refer to the attached Appendix B

Attachments

  1. Appendix A (Size: 5,866 bytes)
  2. Appendix B (Size: 3,197 bytes)