Announcement Title | Change - Announcement of Cessation |
Announcement Subtitle | RETIREMENT OF INDEPENDENT DIRECTOR |
Securities |
ASCENDAS INDIA TRUST (ASCENIND) |
Date & Time of Broadcast | Sep 30, 2016 17:23 |
Submitted By |
Mary Judith de Souza Company Secretary |
Description | Retirement of Independent Director |
Cessation Details | |
Name of person | Michael Grenville Gray |
Age | 70 |
Is effective date of cessation known? | Yes |
Effective date for cessation | Sep 30, 2016 |
Detailed reason(s) for cessation | Retirement, as part of APFT's regular Board succession and renewal process. |
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 | Nov 16, 2009 |
Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
Number of independent directors currently resident in Singapore (taking this 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 | 2 |
Job Title | Independent Director and Chairman of the Audit and Risk 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 subsidaries | Nil |
Shareholdings interest in the listed issuer and its subsidaries? | Yes |
Shareholding Details | Mr Michael Gray holds 200,000 units in Ascendas India Trust |
Other directorships | |
Past (for the last 5 years) |
1) Asian Cruising Pte. Ltd. 2) Grand Banks Yachts Limited 3) Kumarama Investments Pte Ltd 4) Song Hin Sdn Bhd 5) Vina Properties (Singapore) Pte Ltd |
Present |
1) Avi-Tech Electronics Limited 2) GSH Corporation Ltd 3) VinaCapital Vietnam Opportunity Fund Limited 4) FSL Trust Management Pte. Ltd. (As Trustee-Manager of First Ship Lease Trust) 5) Raffles Marina Holdings Ltd 6) UON Singapore Pte Ltd 7) Tras Street Property Investment Ltd 8) TGY Property Investments Pte Ltd 9) The Masonic Hall Board Ltd |
Ascendas India Trust published this content on 30 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 September 2016 09:53:03 UTC.
Original documenthttp://ir.a-itrust.com/news.rev/id/547471
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