Change - Announcement of Cessation::Resignation of Head of Finance
Issuer & Securities
Issuer/ Manager
ARA TRUST MANAGEMENT (USH) PTE. LTD.
Securities
ARA US HOSPITALITY TRUST - SGXC80011726 - XZL
Stapled Security
Yes
Other Issuer(s) for Stapled Security
Announcement Details
Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-May-2024 19:49:13
Status
New
Announcement Sub Title
Resignation of Head of Finance
Announcement Reference
SG240531OTHR7S94
Submitted By (Co./ Ind. Name)
ARA Trust Management (USH) Pte. Ltd./Low Mei Mei, Maureen
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Lim Kai Lun as Head of Finance
Additional Details
Name Of Person
Lim Kai Lun
Age
41
Is effective date of cessation known?
Yes
If yes, please provide the date
01/06/2024
Detailed Reason (s) for cessation
Mr. Lim is resigning as Head of Finance to pursue other career opportunities.
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
28/07/2023
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
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.)
Head of Finance
Role and responsibilities
Mr. Lim is responsible for all finance matters of ARA US Hospitality Trust.
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
Nil
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