News
Change - Announcement Of Resignation Of Non-Independent Non-Executive Director - Mr Ketut Budi Wijaya
BackApr 10, 2019
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 10, 2019 18:18 |
| Status | New |
| Announcement Sub Title | Announcement on Resignation of Non-Independent Non-Executive Director - Mr Ketut Budi Wijaya |
| Announcement Reference | SG190410OTHR50T8 |
| Submitted By (Co./ Ind. Name) | Victor Tan Kok Mian |
| Designation | Executive Director and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Mr Ketut Budi Wijaya as Non-Independent Non-Executive Director of the Board and Nominating & Remuneration Committee member |
| Additional Details | |
| Name Of Person | Ketut Budi Wijaya |
| Age | 64 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 10/04/2019 |
| Detailed Reason (s) for cessation | The resignation of Mr Ketut Budi Wijaya as Non-Independent Non-Executive Director of the Board was part of the change in controlling shareholder of Bowsprit Capital Corporation Limited, as manager of First Real Estate Investment Trust. Consequently, Mr Ketut Budi Wijaya also relinquished his position as a member of the Nominating & Remuneration Committee. |
| 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 | 07/09/2012 |
| 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.) | Non-Independent Non-Executive Director and member of the Nominating & Remuneration Committee |
| Role and responsibilities | Non-Executive |
| 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? | No |
| Past (for the last 5 years) | PT Multifiling Mitra Indonesia Tbk PT Gowa Makassar Tourism Development Tbk PT Siloam International Hospitals Tbk PT Jababeka Tbk PT Lippo Cikarang Tbk |
| Present | PT Lippo Karawaci Tbk PT Siloam International Hospitals Tbk PT Gowa Makassar Tourism Development Tbk LMIRT Management Ltd. |
Attachments
- Announcement (Size: 31,535 bytes)
- Press Release (Size: 212,075 bytes)
