Newsroom
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. |
