News
Change - Announcement Of Retirement Of Chairman And Non-Executive Director
BackMar 17, 2026
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Mar 17, 2026 18:51 |
| Status | New |
| Announcement Sub Title | Retirement of Chairman and Non-Executive Director |
| Announcement Reference | SG260317OTHR5573 |
| Submitted By (Co./ Ind. Name) | Chong Kee Hiong |
| Designation | Director |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr. David Alasdair William Matheson as Chairman and Non-Executive Director |
| Additional Details | |
| Name of person | David Alasdair William Matheson |
| Age | 46 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date. | 17/03/2026 |
| Detailed reason(s) for cessation | Mr. David Alasdair William Matheson ("Mr. Matheson") will be retiring from his role as Chairman and Non-Executive Director of the Manager on 17 March 2026, in alignment with the change in ownership of the Manager. The Board expresses its deep gratitude and appreciation to Mr. Matheson for his invaluable contributions to the Manager and Suntec REIT during his tenure of dedicated services. |
| 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 | 30/09/2025 |
| Job title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chairman and Non-Executive Director |
| Role and responsibilities | Chairman and Non-Executive Director |
| 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) | 3 |
| Do independent directors make up at least one-third of the board (taking into account this cessation)? | Yes |
| Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 6 |
| Shareholding interest in the listed issuer and its subsidiaries | No |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Other Directorships Past (for the last 5 years) |
Please refer to Annexure A |
| Present | Principal Commitment - ESR Group Limited |
Attachments
- Annexure A (Size: 97,852 bytes)
