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Change - Announcement Of Cessation Of Non-Executive Chairman

BackMar 29, 2018
Other Issuer(s) for Stapled Security
Name
DBS TRUSTEE LIMITED
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Mar 29, 2018 7:52
Status New
Announcement Sub Title Cessation of Non-Executive Chairman
Announcement Reference SG180329OTHRKDRZ
Submitted By (Co./ Ind. Name) Gerald Lee Hwee Keong
Designation Chief Executive Officer
Description (Please provide a detailed description of the event in the box below) Cessation of Mr Koh Boon Hwee as a Non-Executive Chairman of FEO Hospitality Asset Management Pte. Ltd., as manager of Far East Hospitality Real Estate Investment Trust (the "REIT Manager"), and FEO Hospitality Trust Management Pte. Ltd., as trustee-manager of Far East Hospitality Business Trust (the "Trustee-Manager", and together with the REIT Manager, the "Managers").
Additional Details
Name Of Person Koh Boon Hwee
Age 68
Is effective date of cessation known? Yes
If yes, please provide the date 30/06/2018
Detailed Reason (s) for cessation Mr Koh is stepping down from the Board of the Managers as part of the renewal process of the Board.
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 28/01/2011
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
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Executive Chairman
Role and responsibilities As above
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 500,000 stapled securities in Far East H-Trust
Past (for the last 5 years) Please refer to Annexure A
Present Please refer to Annexure B

Attachments

  1. Annexure A (Size: 56,366 bytes)
  2. Annexure B (Size: 23,407 bytes)