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Change - Announcement Of Retirement Of Dr Choo Kian Koon As Independent Non-Executive Director
BackJun 02, 2026
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jun 2, 2026 7:09 |
| Status | New |
| Announcement Sub Title | Retirement of Dr Choo Kian Koon as Independent Non-Executive Director |
| Announcement Reference | SG260602OTHRWR5I |
| Submitted By (Co./ Ind. Name) | Daphne Chua |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Dr Choo Kian Koon ("Dr Choo") as an Independent Non-Executive Director of Manulife US Real Estate Manager Pte. Ltd. as the manager of Manulife US Real Estate Investment Trust ("Manulife US REIT", and as manager of Manulife US REIT, the "Manager"). |
| Additional Details | |
| Name of person | Choo Kian Koon |
| Age | 74 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date. | 08/06/2026 |
| Detailed reason(s) for cessation | Pursuant to Rule 210(5)(d)(iv) of the SGX Mainboard Listing Rules, an independent director who has served on the Board for an aggregate period of nine years or more is no longer eligible to be designated as independent. In this regard, Dr Choo will be retiring on 8 June 2026, upon reaching the end of his nine-year tenure limit. Following his retirement, Dr Choo will also relinquish his position as a member of the Nominating and Remuneration Committee ("NRC") of the Manager. The Board expresses its deep gratitude and appreciation to Dr Choo for his invaluable contributions to the Manager and Manulife US REIT during his 9 years of dedicated service. |
| 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 | 09/06/2017 |
| Job title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Non-Executive Director, NRC member |
| Role and responsibilities | Role and responsibilities of an Independent Non-Executive Director, NRC member |
| 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 |
| 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 | 0 |
| 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 | None |
| Other Directorships Past (for the last 5 years) |
Pan Hong Holdings Group Limited |
| Present | VestAsia Group Pte. Ltd. |