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Change - Announcement Of Cessation Of Non-Executive Director
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 7:58 |
| Status | New |
| Announcement Sub Title | Cessation of Non-Executive Director |
| Announcement Reference | SG180329OTHR0A6J |
| 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 Chng Kiong Huat as a Non-Executive Director of FEO Hospitality Asset Management Pte. Ltd., as manager of Far East Hospitality Real Estate Investment Trust (the "REIT Manager"). |
| Additional Details | |
| Name Of Person | Chng Kiong Huat |
| Age | 57 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/06/2018 |
| Detailed Reason (s) for cessation | Mr Chng is stepping down from the Board of the REIT Manager 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 | 07/02/2014 |
| 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 Director |
| 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 | 103,063 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
- Annexure A (Size: 13,218 bytes)
- Annexure B (Size: 15,530 bytes)
