Jul 01, 2011
Announcement Of Cessation As Deputy Chief Executive Officer And Head, Investment
| Resignation Details | |
| Name Of Person | JACK LAM JUCK NGAI |
| Age | 42 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 01/07/2011 |
| Detailed Reason(s) for Cessation | Mr. Lam will relinquish his appointment in Frasers Centrepoint Asset Management Ltd ("FCAM") to take on new responsibilities as General Manager (Investment & Business Development) in the commercial property division of the holding company of FCAM, Frasers Centrepoint Limited. |
| Is there any difference of opinion on material matters between the person and the Board of directors? | No |
| If yes, please elaborate | NA |
| 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 |
| If yes, please elaborate | NA |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| If yes, please elaborate | NA |
| Date of Appointment to current position | 01/10/2008 |
| Job Title | Deputy Chief Executive Officer and Head, Investment |
| Role and Responsibilities | Mr. Lam assists the Chief Executive Officer in overseeing the operations of FCAM in relation to the management of FCT, including the investment and acquisition work that FCAM undertakes for FCT. |
| Does the AC have a minimum of 3 members (taking into account this resignation)? | 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) over the past 12 months | 0 |
| Interest in the listed issuer and its subsidiaries | 40,000 Units in Frasers Centrepoint Trust (direct interest) |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Other Directorship | |
| Past Directorship (for the last five years) | Nil |
| Present Directorship | Hektar Asset Management Sdn Bhd (Alternate Director) |
