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Change - Announcement Of Cessation Of Executive Director And Chief Executive Officer

BackFeb 22, 2017
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Feb 22, 2017 8:18
Status New
Announcement Sub Title Cessation of Executive Director and Chief Executive Officer
Announcement Reference SG170222OTHRBEVP
Submitted By (Co./ Ind. Name) Hazel Chia
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Cessation of Executive Director and Chief Executive Officer
Additional Details
Name Of Person Ku Wei Siong
Age 49
Is effective date of cessation known? Yes
If yes, please provide the date 22/02/2017
Detailed Reason (s) for cessation To pursue personal interests
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 01/09/2015
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) 2
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.) Executive Director and Chief Executive Officer
Role and responsibilities Overall strategic direction, growth, business development and operations of the Group.
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) Design Studio Singapore Pte. Ltd.
(2) Design Studio Asia Pte. Ltd.
(3) Design Studio (China) Pte. Ltd.
(4) DDS Asia Holdings Pte. Ltd.
(5) DDS Contracts & Interior Solutions Pte. Ltd.
(6) DDS Contracts & Interior Solutions Sdn Bhd
(7) DS Furniture Manufacturer Sdn Bhd
(8) DS Project Management Sdn Bhd
(9) Design Studio (Huizhou) Home Furnishing Co Ltd
(10) CapitaLand Bahrain Bay Management Pte. Ltd. (Dissolved - Members' Voluntary Liquidation)
(11) Raffles City Bahrain Fund Limited (Dissolved - Members' Voluntary Liquidation)
(12) RCBF Investment Limited (Dissolved - Members' Voluntary Liquidation)
(13) CapitaLand ILEC Pte. Ltd. (Dissolved - Members' Voluntary Liquidation)
(14) CapitaLand ILEC One Pte Ltd (Dissolved - Members' Voluntary Liquidation)
(15) CapitaLand Express LLP
(16) CapitaLand GCC Holdings Pte. Ltd.
(17) CapitaLand GCC (Bahrain) Pte. Ltd.
(18) CapitaLand GCC (Abu Dhabi) Pte. Ltd.
(19) Kestrel Pte. Ltd.
(20) BBID Limited
Present Nil