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Change - Announcement Of Retirement Of Independent Director

BackDec 31, 2018
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Dec 31, 2018 12:12
Status New
Announcement Sub Title RETIREMENT OF INDEPENDENT DIRECTOR
Announcement Reference SG181231OTHRWWQG
Submitted By (Co./ Ind. Name) Mary Judith de Souza
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Retirement of Independent Director
Additional Details
Name Of Person Dr Ho Kim Wai
Age 64
Is effective date of cessation known? Yes
If yes, please provide the date 31/12/2018
Detailed Reason (s) for cessation Dr Ho has served as Independent Director since 10 May 2012. His retirement is part of the regular Board renewal process which is a policy of Ascendas Hospitality Fund Management Pte Ltd (the Manager of Ascendas Hospitality Real Estate Investment Trust) and Ascendas Hospitality Trust Management Pte Ltd (the Trustee-Manager of Ascendas Hospitality Business Trust).
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 10/05/2012
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 2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chairman of the Audit Committee
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 Nil
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details 110,000 units
Past (for the last 5 years) NIL
Present Agri-food and Veterinary Authority of Singapore