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| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 28, 2020 18:41 |
| Status | New |
| Announcement Sub Title | Cessation of Independent Non-Executive Director - Mr Tan Kok Ming Desmond |
| Announcement Reference | SG200728OTHR3LJC |
| Submitted By (Co./ Ind. Name) | Chua Khee Hak |
| Designation | Executive Chairman and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Mr Tan Kok Ming Desmond as Independent Non-Executive Director. |
| Additional Details | |
| Name Of Person | Tan Kok Ming Desmond |
| Age | 49 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 27/07/2020 |
| Detailed Reason (s) for cessation | Mr Tan will be assuming the roles of Minister of State in the Ministry of Home Affairs and the Ministry of Sustainability and the Environment (previously called the Ministry of the Environment and Water Resources). |
| 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 | 15/07/2019 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | i. Independent Non-Executive Director ii. Chairman of Remuneration Committee iii. Member of Audit Committee and Nominating Committee |
| Role and responsibilities | Carry out the responsibilities as Independent Director, Chairman of Remuneration Committee and Member of Audit Committee and Nominating Committee. |
| 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) | i) Stelop Pte. Ltd. |
| Present | i) Gardens By The Bay ii) Singapore Chinese Cultural Centre |