Change - Announcement of Cessation::Retirement of Non-Executive and Non-Independent Director

Issuer & Securities

Issuer/ Manager
BANYAN TREE HOLDINGS LIMITED
Securities
BANYAN TREE HOLDINGS LIMITED - SG1T49930665 - B58
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Apr-2022 18:18:42
Status
New
Announcement Sub Title
Retirement of Non-Executive and Non-Independent Director
Announcement Reference
SG220422OTHRTRWF
Submitted By (Co./ Ind. Name)
Moy Keen Choy
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Non-Executive and Non-Independent Director - Mr Chew Van Hoong Jason

Additional Details

Name Of Person
Chew Van Hoong Jason
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2022
Detailed Reason (s) for cessation
Mr Chew Van Hoong Jason ("Mr Chew") has tendered his resignation as Advisor of Qatar Investment Authority Advisory (Asia Pacific) Pte. Ltd.

In view of his resignation, Mr Chew has notified Banyan Tree Holdings Limited (the "Company") of his unwillingness to be re-elected as director of the Company at the Annual General Meeting ("AGM") to be held on 29 April 2022. He will therefore retire as a director of the Company at the conclusion of the AGM.
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
05/06/2018
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
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?
No
Past (for the last 5 years)
Nil
Present
1. QIA St Regis NY Condo LLC
2. QIA St Regis NY Hotel LLC
3. QIA St Regis NY Parent LLC
4. QIA St Regis NY Sub LLC