Mapletree Logistics Announces Changes To Board and Board Committees Composition
March 4, 2020- Mapletree Logistics Trust Management Ltd., as the Manager of Mapletree Logistics Trust, wishes to announce the following changes:
(1) the appointment of Ms Lim Mei as Independent Non-Executive Director of the Manager with effect from 5 March 2020;
(2) the retirement of Mrs Penny Goh as Lead Independent Non-Executive Director and Chairperson of the Nominating and Remuneration Committee (the “NRC”) of the Manager with effect from 31 March 2020 due to the Monetary Authority of Singapore (MAS) rule for REIT Managers on 9-year limit for Independent Directors;
(3) the redesignation of Mr Tarun Kataria as Lead Independent Non Executive Director and the Chairman of the NRC of the Manager in place of Mrs Goh with effect from 31 March 2020; and
(4) the appointment of Ms Lim Mei as Member of the NRC of the Manager with effect from 31 March 2020.
