Change - Announcement of Cessation::RETIREMENT OF NON-EXECUTIVE CHAIRMAN OF THE BOARD

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
27-Apr-2019 17:22:08
Status
New
Announcement Sub Title
RETIREMENT OF NON-EXECUTIVE CHAIRMAN OF THE BOARD
Announcement Reference
SG190427OTHRZVQA
Submitted By (Co./ Ind. Name)
SIN CHEE MEI
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
RETIREMENT OF NON-EXECUTIVE CHAIRMAN OF THE BOARD

Additional Details

Name Of Person
DR LEE KENG THON
Age
75
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2019
Detailed Reason (s) for cessation
Dr Lee Keng Thon, who was due to retire at the Annual General Meeting of the Company ("AGM") pursuant to Article 117 of the Company's Constitution did not seek re-election as Director at the AGM. Following his retirement, Dr Lee Keng Thon also ceased to be the Chairman of the Board.
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
08/09/1971
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 Chairman of the Board
Role and responsibilities
Non-Executive and Chairman of the Board
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Brother of the Non-Executive Directors, Mr Lee Khin Tien and Mr Lee Kin Hong
Uncle of substantial shareholders, Mr Lee Chou Hor George and Mr Lee Chou Tart.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
641,760 ordinary shares in Hotel Royal Limited
Past (for the last 5 years)
ROYAL CAPITAL PTE LTD
ROYAL PROPERTIES INVESTMENT PTE LTD
HOTEL ROYAL @ QUEENS (SINGAPORE) PTE LTD
HOTEL ROYAL (THAILAND) PRIVATE LIMITED
CASTLE MALL PROPERTIES PTE LTD
PRESTIGE PROPERTIES SDN. BHD.
FABER KOMPLEKS SDN. BHD.
Present
NIL