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

BackJun 30, 2022
Other Issuer(s) for Stapled Security
Name
DBS TRUSTEE LIMITED
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Jun 30, 2022 17:32
Status New
Announcement Sub Title RETIREMENT OF NON-INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference SG220630OTHRMILT
Submitted By (Co./ Ind. Name) Wee Kheng Jin
Designation Chairman and Non-Executive Director
Description (Please provide a detailed description of the event in the box below) Retirement of Mr Huang Cheng Eng as a Non-Independent Non-Executive Director 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 Huang Cheng Eng
Age 74
Is effective date of cessation known? Yes
If yes, please provide the date 30/06/2022
Detailed Reason (s) for cessation Mr Huang decided to retire 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 30/04/2012
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) 4
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 and a member of the Nominating Committee of the REIT Manager.
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 1,082,277 stapled securities in Far East H-Trust
Past (for the last 5 years) 1. Movement for the Intellectually Disabled of Singapore (MINDS)
2. M1 Ltd.
3. Children's Aid Society
Present 1. FEO Hospitality Asset Management Pte. Ltd.
2. FEO Hospitality Trust Management Pte. Ltd.