| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 4, 2019 17:49 |
| Status | New |
| Announcement Sub Title | Resignation of Head of Investor Relations, Compliance and Risk Management |
| Announcement Reference | SG190404OTHRZG85 |
| Submitted By (Co./ Ind. Name) | Anthony Ang Meng Huat |
| Designation | Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Head of Investor Relations, Compliance and Risk Management Sponsorship Statement: DBS Bank Ltd. was the sole financial adviser and issue manager for the initial public offering of Sasseur REIT (the "Offering"). DBS Bank Ltd. and Bank of China Limited, Singapore Branch were the joint global coordinators to the Offering. DBS Bank Ltd., Bank of China Limited, Singapore Branch, China International Capital Corporation (Singapore) Pte. Limited, Citigroup Global Markets Singapore Pte. Ltd., Credit Suisse (Singapore) Limited, Haitong International Securities (Singapore) Pte. Ltd. and Maybank Kim Eng Securities Pte. Ltd. were the joint bookrunners and underwriters to the Offering. |
| Additional Details | |
| Name Of Person | Chen Zhen |
| Age | 41 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 04/04/2019 |
| Detailed Reason (s) for cessation | To pursue 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 | 21/12/2017 |
| 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.) | Head of Investor Relations, Compliance and Risk Management |
| Role and responsibilities | Responsible for facilitating communications and liaising with the Unitholders. This includes producing annual reports to the Unitholders and ensuring compliance by Sasseur Real Estate Investment Trust ("Sasseur REIT") with the reporting requirements under the Listing Manual and the law. He is also responsible for maintaining continuous disclosure and transparent communications with the Unitholders and the market. He also works with the other members of the management team of Sasseur Asset Management Pte. Ltd. as manager of Sasseur REIT to develop and maintain the risk management processes of Sasseur REIT. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Nil |
| Present | Nil |