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News

Change - Announcement Of Resignation Of Non-Independent Non-Executive Director

BackNov 27, 2020
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Nov 27, 2020 6:50
Status New
Announcement Sub Title Resignation of Non-Independent Non-Executive Director
Announcement Reference SG201127OTHRTF6O
Submitted By (Co./ Ind. Name) Chester Leong
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Resignation of Non-Independent Non-Executive Director
Additional Details
Name Of Person Mr Arthur Lang Tao Yih
Age 48
Is effective date of cessation known? Yes
If yes, please provide the date 27/11/2020
Detailed Reason (s) for cessation Singapore Telecommunications Limited, a substantial unitholder of NetLink NBN Trust, has nominated Mr William Woo in place of Mr Arthur Lang. Accordingly, Mr Arthur Lang stepped down from the Board of the Trustee-Manager. Consequently, Mr Arthur Lang also relinquished his position as a member of the Nominating and Remuneration Committees.
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 21/02/2017
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) 5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Independent Non-Executive Director, Member of the Nominating and Remuneration Committees
Role and responsibilities Non-Independent Non-Executive Director, Member of the Nominating and Remuneration Committees
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? Yes
Shareholding Details 200,000 units in NetLink NBN Trust held in the name of Aw Kar Lay (Spouse)
Past (for the last 5 years) Please refer to attached Annexure A.
Present Please refer to attached Annexure B.

Attachments

  1. Annexure A (Size: 66,514 bytes)
  2. Annexure B (Size: 107,087 bytes)
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