MISCELLANEOUS :: ANNOUNCEMENT PURSUANT TO RULE 704(10) OF THE LISTING RULES
* Asterisks denote mandatory information
Name of Announcer *
BANYAN TREE HOLDINGS LIMITED
Company Registration No.
200003108H
Announcement submitted on behalf of
BANYAN TREE HOLDINGS LIMITED
Announcement is submitted with respect to *
BANYAN TREE HOLDINGS LIMITED
Announcement is submitted by *
Jane Teah
Designation *
Company Secretary
Date & Time of Broadcast
02-Jan-2014 19:20:07
Announcement No.
00150
ANNOUNCEMENT DETAILS
Announcement Title *
ANNOUNCEMENT PURSUANT TO RULE 704(10) OF THE LISTING RULES
Description
Banyan Tree Holdings Limited (BTH) refers to its announcement on 24 February 2012 (Announcement) and wishes to announce that the Nominating & Remuneration Committee of BTH has approved the promotion of Mr Ho Ren Hua from Assistant Vice President, Country Head, China to Senior Assistant Vice President (SAVP), Country Head, China.
Mr Ho Ren Huas area of responsibility was described in the earlier Announcement as: Grow and develop BTH Groups portfolio though new management contracts, greenfield acquisitions and strategic joint ventures as well as responsible for owners relations on all pre-opening projects in China. Manage the Shanghai office and help co-ordinate all of BTH Groups functions and business units' activities in China. Over the past 3 years in Shanghai, Mr Ho Ren Hua has built an effective corporate structure that supports the business thrust; and developed new, stronger and more enduring strategic relationships in China. He is part of the core leadership team of the China Hospitality Fund and oversees the Groups Finance, Human Resource, Investment and Legal functions in China. As SAVP/Country Head, China, Mr Ho Ren Hua will continue to build on these successes with a larger and high-performance team to ensure the China businesses keep delivering sustainable results in line with BTHs strategic growth.
Prior to joining BTH in April 2010, Mr Ho Ren Hua worked with the international management consultancy company, Bain & Company Inc. across the US, Hong Kong and China offices for 3 years. He holds a Bachelor of Science in Economics (Honours) from The Wharton School University of Pennsylvania with a double concentration in Finance and Strategic Management.
Mr Ho Ren Hua is the son of Mr Ho KwonPing (Executive Chairman & Substantial Shareholder) and Ms Chiang See Ngoh (Substantial Shareholder).
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