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May 17, 2019
Change - Announcement Of Cessation Of Non-Executive And Non-Independent Director
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | May 17, 2019 18:54 |
| Status | New |
| Announcement Sub Title | Announcement of Cessation of Non-Executive and Non-Independent Director |
| Announcement Reference | SG190517OTHRL73L |
| Submitted By (Co./ Ind. Name) | Catherine Yeo |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Appointment of Non-Executive and Non-Independent Director |
| Additional Details | |
| Name Of Person | Choe Peng Sum |
| Age | 58 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 21/05/2019 |
| Detailed Reason (s) for cessation | Mr Choe is retiring as a Non-Executive and Non-Independent Director of Frasers Hospitality Asset Management Pte. Ltd. and Frasers Hospitality Trust Management Pte. Ltd., the manager of Frasers Hospitality Real Estate Investment Trust and the trustee-manager of Frasers Hospitality Business Trust respectively, following his retirement from the Frasers Property Limited group. |
| 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 | 20/11/2013 |
| 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 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive and Non-Independent Director |
| Role and responsibilities | Non-Executive |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | 528,000 Stapled Securities in Frasers Hospitality Trust |
| Past (for the last 5 years) | Please see attachment 1. |
| Present | Please see attachment 1. |
17 May 2019 | PDF 251,486 kb
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