Change - Announcement of Cessation::RETIREMENT OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
ASCENDAS HOSPITALITY FUND MANAGEMENT PTE. LTD.
Securities
ASCENDAS HOSPITALITY TRUST - SG2F05983695 - Q1P
Stapled Security
Yes

Other Issuer(s) for Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Sep-2018 17:18:02
Status
New
Announcement Sub Title
RETIREMENT OF INDEPENDENT DIRECTOR
Announcement Reference
SG180928OTHREPKW
Submitted By (Co./ Ind. Name)
Mary Judith de Souza
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
RETIREMENT OF INDEPENDENT DIRECTOR

Additional Details

Name Of Person
Mr Benson Puah Tuan Soon
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
30/09/2018
Detailed Reason (s) for cessation
Mr Puah has served as Independent Director since 10 May 2012. His retirement is part of the regular Board renewal process which is a policy of Ascendas Hospitality Fund Management Pte Ltd (the Manager of Ascendas Hospitality Real Estate Investment Trust) and Ascendas Hospitality Trust Management Pte Ltd (the Trustee-Manager of Ascendas Hospitality Business Trust.
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
10/05/2012
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Nominating Committee and Member of the Audit and Risk Committee
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
NIL
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Puah has a direct interest in 300,000 units of Ascendas Hospitality Trust
Past (for the last 5 years)
Singapore Arts School Limited
SISTIC.com Pte Ltd
Parkway Trust Management Limited
The National Art Gallery, Singapore
Rakan Riang Pte Ltd
The Esplanade Co Ltd
Present
NIL