Change - Announcement of Cessation::RESIGNATION OF GENERAL MANAGER

Issuer & Securities

Issuer/ Manager
HOTEL ROYAL LIMITED
Securities
HOTEL ROYAL LTD - SG1P12002132 - H12
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Aug-2016 17:21:17
Status
New
Announcement Sub Title
RESIGNATION OF GENERAL MANAGER
Announcement Reference
SG160816OTHRPZPG
Submitted By (Co./ Ind. Name)
SIN CHEE MEI
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Lee Chou Hor George as General Manager

Additional Details

Name Of Person
Lee Chou Hor George
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
31/08/2016
Detailed Reason (s) for cessation
To pursue personal interests.
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
04/01/1993
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
General Manager of Royal Properties Investment Pte Ltd, Royal Capital Pte Ltd and Grand Complex Properties Ltd (New Zealand)
Role and responsibilities
Responsible for the real estate and capital market investments evaluation and acquisition, and asset planning and management for the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nephew of the Non-Executive Chairman, Dr Lee Keng Thon and Non-Executive Directors, Mr Lee Khin Tien and Mr Lee Kin Hong. Mr Lee Chou Hor George is a brother of a substantial Shareholder, Mr Lee Chou Tart and Chief Executive Officer ("CEO"), Mr Lee Chou Hock.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct Interest - 42,000 shares (0.05%)
Deemed Interest - 10,178,000 (12.11%)
Past (for the last 5 years)
Nil
Present
Royal Capital Pte Ltd
Royal Properties Investment Pte Ltd
Castle Mall Properties Pte Ltd
Prestige Properties Sdn. Bhd.
Grand Complex Properties Ltd
Hotel Royal @ Queens (Singapore) Pte Ltd
Faber Kompleks Sdn. Bhd.
Hotel Royal (Thailand) Private Limited
Hotel Royal Bangkok (Thailand) Co., Ltd
Panali Co., Ltd.
Baba Residences Sdn. Bhd.