Dec 12, 2022
Change - Announcement Of Cessation Of Appointment Of Non-Executive And Non-Independent Director
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Dec 12, 2022 8:05 |
| Status | New |
| Announcement Sub Title | Cessation of Appointment of Non-Executive and Non-Independent Director |
| Announcement Reference | SG221212OTHRRXTK |
| Submitted By (Co./ Ind. Name) | Catherine Yeo |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr Chotiphat Bijananda as a Non-Executive and Non-Independent Director, Chairman of the Sustainability and Risk Management Committee ("SRMC"), Vice Chairman of the Board Executive Committee ("Exco") and member of the Nominating Committee ("NC") of Frasers Property Limited ("FPL"). |
| Additional Details | |
| Name Of Person | Chotiphat Bijananda |
| Age | 59 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/01/2023 |
| Detailed Reason (s) for cessation | Mr Bijananda has served as a Non-Executive and Non-Independent Director of FPL from 8 March 2013, and is retiring from the Board of FPL in line with FPL's plans for Board refreshment and renewal. The Board of FPL expresses its appreciation to Mr Bijananda for his dedication and invaluable contribution during his tenure of service. |
| 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 | 08/03/2013 |
| 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) | 3 |
| 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.) | Non-Executive and Non-Independent Director, Chairman of the SRMC, Vice Chairman of the Exco and member of the NC of FPL |
| Role and responsibilities | As above. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Mr Bijananda is the: - son-in-law of Mr Charoen Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi, the Chairman and Vice-Chairman respectively of the Board, each of whom is also a substantial shareholder of FPL; and - brother-in-law of Mr Panote Sirivadhanabhakdi, the Group Chief Executive Officer and Non-Independent Director of FPL. |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | TCC Group Investments Limited ("TCCGI") has a direct interest in 70,000,000 shares in FPL ("Shares"). Ms Atinant Bijananda holds 20% of the issued share capital of TCCGI, and is therefore deemed to be interested in the 70,000,000 Shares in which TCCGI has a direct interest. As Ms Atinant Bijananda is the spouse of Mr Chotiphat Bijananda, Mr Chotiphat Bijananda is also deemed to be interested in the 70,000,000 Shares in which TCCGI has a direct interest. |
| Past (for the last 5 years) | - Director, Golden Land Property Development Public Company Limited - Director, Sinn Bualang Capital Co., Ltd. |
| Present | - Director, Fraser and Neave, Limited - Director, Frasers Property (Thailand) Public Company Limited - Director, Sermsuk Public Company Limited - Director, Thai Group Holdings Public Company Limited - Director, Siam Food Product Public Company Limited - Director, Asiatic House Co., Ltd. - Director, Charm Corp Circle Co., Ltd. - Director, Concept Land 5 Co., Ltd. - Director, Dhamma Land Property Company Limited - Director, DL Engineering Solutions Company Limited - Director, Frasers Property Australia Pty Limited - Director, ME Innovation Service Company Limited (formerly known as Big C Services Company Limited) - Director, OHCHO Company Limited - Director, Pattana Bovornkij 4 Company Limited - Director, Permsub Siri 3 Company Limited - Director, Permsub Siri 5 Company Limited - Director, Pholmankhong Business Co., Ltd. - Director, Pro Garage Company Limited (formerly known Sinn Bualang Leasing Co., Ltd.) - Director, Rod Dee Det Auto Company Limited - Director, S Sofin Co., Ltd. - Director, Sentrics Consulting Company Limited - Director, Siam Food (2513) Co., Ltd. - Director, Southeast Academic Center Company Limited - Director, Southeast Advisory Company Limited - Director, Southeast Capital Co., Ltd. - Director, Southeast Insurance Public Company Limited - Director, Southeast Joint Venture Co., Ltd. - Director, Southeast Life Insurance Public Company Limited - Director, Southeast Money Company Limited - Director, Southeast Money Retail Company Limited - Director, Southeast Property Co., Ltd. - Director, Suansilp Pattana 1 Co., Ltd. - Director, TCC Assets (Thailand) Company Limited - Director, TCC Group of Companies - Director, TCC Holdings (2519) Company Limited - Director, TCC Privilege Card Company Limited - Director, Tep Nimitr Thanakorn (2001) Co., Ltd - Director, Thai Wellness Living Company Limited |
