Change - Announcement Of Resignation Of Chief Investment Officer And Asset Manager
BackNov 11, 2016
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | RESIGNATION OF CHIEF INVESTMENT OFFICER AND ASSET MANAGER |
| Securities | IREIT GLOBAL (IREITGBL) |
| Date & Time of Broadcast | Nov 11, 2016 20:42 |
| Submitted By | Lee Wei Hsiung Company Secretary |
| Description | Resignation of Chief Investment Officer and Asset Manager |
| Cessation Details | |
| Name of person | Jeremy Adina Bard Cooper |
| Age | 55 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Feb 17, 2017 |
| Detailed reason(s) for cessation | Mrs Jeremy Adina Bard Cooper resigned as Chief Investment Officer and Asset Manager of the Company following completion of the sale of 80% of the shares of IREIT Global Group Pte. Ltd. (which is the manager of IREIT Global) pursuant to the terms of the Share Purchase Agreement dated 5 October 2016. |
| 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 | Nov 25, 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 | 0 |
| Job Title | Chief Investment Officer and Asset Manager |
| Role and responsibilities | Executive. Responsible for the investment and asset management of the Manager. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | None |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | Laughing Rock 10 B.V. The Jewish Quarter Development Corporation The International Institute of Real Estate Valuations Ltd.. IREIT Global Holdings Pte. Ltd. IREIT Global Holdings 1 Pte. Ltd. IREIT Global Holdings 2 Pte. Ltd. IREIT Global Holdings 3 Pte. Ltd. IREIT Global Investments Pte. Ltd. IREIT Global Investments 1 Pte. Ltd. IREIT Global Investments 2 Pte. Ltd. IREIT Global Investments 3 Pte. Ltd. |
| Present | IREIT Global Management Pte. Ltd. Laughing Rock 1 B.V. Laughing Rock 2 B.V. Laughing Rock 3 B.V. Laughing Rock 4 B.V. Laughing Rock 5 B.V. Laughing Rock 6 B.V. Laughing Rock 7 B.V. Laughing Rock 8 B.V. Laughing Rock 9 B.V. Laughing Rock 11 B.V. Laughing Rock 12 B.V. Laughing Rock 13 B.V. Laughing Rock 14 B.V. |
