Change - Announcement of Cessation::Retirement of Group Chief Executive Officer

Issuer & Securities

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

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-May-2026 17:39:00
Status
New
Announcement Sub Title
Retirement of Group Chief Executive Officer
Announcement Reference
SG260528OTHR6X0F
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 Group Chief Executive Officer

Additional Details

Name of person
Lee Chou Hock
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date.
30/06/2026
Detailed reason(s) for cessation
Mr Lee Chou Hock has decided to retire and step down as Group Chief Executive Officer with effect from 30 June 2026.

The Board of Directors and Management wish to express their sincere appreciation to Mr Lee Chou Hock for his invaluable contributions, leadership and guidance to the Group during his tenure.
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
02/01/2002
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Executive Officer
Role and responsibilities
As Group Chief Executive Officer, Mr Lee is responsible for the overall management, operations, business development and strategic direction of the Group, including the formulation and implementation of corporate strategies and policies, management of the Group's financial and operational performance, and oversight of the Group's day-to-day business and affairs.
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
Do independent directors make up at least one-third of the board (taking into account this cessation)?
Yes
Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months
1
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
Direct Interest - 181,440 ordinary shares
Deemed Interest - 5,000 ordinary shares
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
- Nephew of Mr Lee Kin Hong and Mr Lee Khin Tien (Non-Executive Directors)
- Brother of Mr Lee Chou Hor George (Non-Executive Director and Substantial Shareholder) and Mr Lee Chou Tart (Substantial Shareholder)
- Cousin of Mr Lee Chu Muk (Non-Executive Director)
Other Directorships
Past (for the last 5 years)
Nil
Present
1. Royal Capital Pte Ltd
2. Hotel Royal @ Queens (Singapore) Pte. Ltd.
3. Royal Properties Investment Pte Ltd
4. Hotel Royal (Thailand) Private Limited
5. Grand Complex Properties Limited
6. Prestige Properties Sdn Bhd
7. Faber Komplexs Sdn Bhd
8. Premium Lodge Sdn Bhd
9. Hotel Royal Bangkok (Thailand) Co. Ltd
10. Panali Co. Ltd
11. Baba Residence Sdn Bhd
12. Every Room A Home Sdn Bhd
13. Aik Siew Tong Limited
14. Melodies Limited
15. Singapore-Johore Express Pte Ltd
16. Hock Tart Pte Ltd