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Change - Announcement Of Resignation Of Chief Financial Officer
BackAug 12, 2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Aug 12, 2022 22:34 |
| Status | New |
| Announcement Sub Title | Announcement on Resignation of Chief Financial Officer |
| Announcement Reference | SG220812OTHR1P3D |
| Submitted By (Co./ Ind. Name) | Adrian Chui |
| Designation | CEO & Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Please refer to the attached announcement. |
| Additional Details | |
| Name Of Person | Lawrence Chan Wee Kiat (Chen Weijie) |
| Age | 47 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 15/08/2022 |
| Detailed Reason (s) for cessation | Mr Chan has decided to resign from his position in the REIT Manager to pursue his own interests. He will stay with the REIT Manager until October 2022 to ensure an orderly and smooth transition. |
| 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 | 05/11/2018 |
| 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) | 4 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Financial Officer |
| Role and responsibilities | As Chief Financial Officer, Mr Chan reports to the Chief Executive Officer and oversees all finance functions of the REIT and the REIT Manager. |
| 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? | Yes |
| Shareholding Details | 350,300 ESR-LOGOS REIT Units |
| Past (for the last 5 years) | Viva Industrial Trust Management Pte Ltd Viva iTrust MTN Pte Ltd Viva Real Estate Asset Management Pte Ltd |
| Present | ESR-LOGOS REIT AUS (MTN) PTY LTD |