Change - Announcement Of Cessation Of Appointment Of Non-Executive Non-Independent Director

BackMar 29, 2019
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Mar 29, 2019 8:27
Status New
Announcement Reference SG190329OTHRBGYH
Submitted By (Co./ Ind. Name) STELLA YEAK
Description (Please provide a detailed description of the event in the box below) Cessation of appointment of Mr Nicholas Paul McGrath as Non-Executive Non-Independent Director of AIMS AMP Capital Industrial REIT Management Limited (the "Manager") and stepping down as member of Nominating and Remuneration Committee of the Manager.
Additional Details
Name Of Person Nicholas Paul McGrath
Age 46
Is effective date of cessation known? Yes
If yes, please provide the date 28/03/2019
Detailed Reason (s) for cessation Mr Nicholas McGrath being the nominee of AMP Capital Investors International Holdings Limited ("AMPCI") to the Board of the Manager has stepped down as Non-Executive Non-Independent Director of the Manager following the completion of the 50% share sale in the Manager by AMPCI to Great World Capital Holdings Limited which is an affiliate of AIMS Financial Holding Limited.
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 26/02/2010
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) 4
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.) Non-Executive and Non-Independent Director
Role and responsibilities Non-Executive and Non-Independent Director
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? Yes
Shareholding Details Mr McGrath currently holds a direct interest of 47,175 units in AIMS AMP Capital Industrial REIT.
Past (for the last 5 years) Please refer to Appendix 1
Present Please refer to Appendix 1


  1. Appendix 1 (Size: 16,014 bytes)

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