Jun 07, 2024
Change - Announcement Of Cessation As Chief Financial Officer
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jun 7, 2024 21:35 |
| Status | New |
| Announcement Sub Title | Announcement of Cessation as Chief Financial Officer |
| Announcement Reference | SG240607OTHRI3JJ |
| Submitted By (Co./ Ind. Name) | Catherine Yeo |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Announcement of Cessation as Chief Financial Officer |
| Additional Details | |
| Name Of Person | Tan Loo Ming Audrey |
| Age | 49 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 09/08/2024 |
| Detailed Reason (s) for cessation | Ms Tan Loo Ming Audrey has resigned from her position as the Chief Financial Officer of Frasers Centrepoint Asset Management Ltd. ("FCAM"), the manager of Frasers Centrepoint Trust ("FCT"). Ms Tan has been a valued member of the FCAM leadership team and the Board of FCAM thanks her for her service and contribution to FCT. A successor for Ms Tan is being selected, and an announcement will be made in due course. |
| 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 | 24/07/2021 |
| 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 | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Financial Officer |
| Role and responsibilities | Ms Tan as Chief Financial Officer is responsible for the financial, taxation, treasury and compliance functions of FCT. |
| 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 | Ms Tan holds 61,900 units in FCT, and holds 101,500 awards under the FCAM Restricted Unit Plan ("RUP"), pursuant to which up to 124,100 units in FCT under the FCAM RUP may be vested or delivered. |
| Past (for the last 5 years) | Please see Appendix A. |
| Present | Please see Appendix A. |
07 Jun 2024 | PDF 8,070 kb
