News

Change - Announcement of Cessation :: Resignation of Chairman and Independent Non-Executive Director

Jul 01, 2016
Announcement Title Change - Announcement of Cessation
Announcement Subtitle Resignation of Chairman and Independent Non-Executive Director
Securities MAPLETREE GREATER CHINACOMM TR (MGCCT)
Date & Time of Broadcast Jul 1, 2016 17:39
Submitted By Wan Kwong Weng
Joint Company Secretary
Description Resignation of Chairman and Independent Non-Executive Director
Cessation Details
Name of person Frank Wong Kwong Shing
Age 68
Is effective date of cessation known? Yes
Effective date for cessation Jul 31, 2016
Detailed reason(s) for cessation To pursue his other 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 Feb 7, 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 this 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 Chairman and Independent Non-Executive Director
Role and responsibilities Chairman and Independent Non-Executive Director
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 Deemed interest of 2,899,000 Units in Mapletree Greater China Commercial Trust held in the name of DBS Nominees Pte. Ltd. which holds the Units in custody for Mr Frank Kwong Shing Wong and his spouse.
Other directorships
Past (for the last 5 years) Mapletree Investments Pte Ltd
Industrial & Commercial Bank of China Limited
Present China Mobile Limited
PSA Corporation Limited
PSA International Pte Ltd
Asia Philanthropic Ventures Pte. Ltd.
Caritas Singapore Community Council Agape Fund