Email Alerts
News
Replace - Change - Announcement Of Cessation Of Alternate Director
BackNov 13, 2015
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Announcement of Cessation of Alternate Director |
| Securities | CAMBRIDGE INDUSTRIAL TRUST (CAMBRIDG) |
| Date & Time of Broadcast | Nov 13, 2015 8:33 |
| Submitted By | Philip Levinson CEO & Executive Director |
| Effective date and time | Nov 12, 2015 17:40 |
| Description | Cessation of Mr Victor Ong as Alternate Director to Mr Michael Patrick Dwyer, Non-Executive Director of Cambridge Industrial Trust Management Limited. |
| Cessation Details | |
| Name of person | Victor Ong Wel Tak |
| Age | 50 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Nov 12, 2015 |
| Detailed reason(s) for cessation | Due to personal work commitments. |
| 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 | Oct 19, 2010 |
| 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 | 0 |
| Job Title | Alternate Director to Mr Michael Patrick Dwyer, Non-Executive Director to Cambridge Industrial Trust Management Limited |
| Role and responsibilities | Alternate Director to Mr Michael Patrick Dwyer, Non-Executive Director to Cambridge Industrial Trust Management Limited |
| 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 | Cambridge Real Estate Investment Management Pte Ltd has an 80% interest in the issued capital of Cambridge Industrial Trust Management Limited. Oxley Global Limited (formally known as Oxley Holdings Limited) has a 30% interest in the issued shares of Cambridge Real Estate Investment Management Pte Ltd. Victor Ong Wei Tak is deemed interested in 26.77% of the issued shares in Oxley Global Limited shares held by VCA Enterprise Limited and Ralina Investments Limited as at 12 Nov 2015. Accordingly Victor Ong Wei Tak has an interest of 6.42% in the issued shares of Cambridge Industrial Trust Management Limited. Victor Ong Wei Tak is accordingly deemed to be interested in the 5,238,904 units held by CITM and 2,000,000 units held by Oxley Capital Limited on behalf of CREIM Limited. CREIM Limited and Oxley Capital Limited are wholly-owned by CREIM Holdings Limited and Oxley Capital Holdings Limited respectively. Oxley Global Limited has a 100% interest in the issued shares of both CREIM Holdings Limited and Oxley Capital Holdings Limited. |
| Other directorships | |
| Past (for the last 5 years) | Please refer to attached. |
| Present | Please refer to attached. |
Attachments
- Past Directorship (Size: 7,257 bytes)
- Present Directorship (Size: 7,434 bytes)