Change - Announcement of Cessation::Retirement of 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
28-Apr-2021 18:25:37
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG210428OTHRNHSX
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 Independent Director - Mrs Fang Ai Lian

Additional Details

Name Of Person
Mrs Fang Ai Lian
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2021
Detailed Reason (s) for cessation
Mrs Fang Ai Lian is subject to retirement pursuant to Regulations 100 and 101 of the Company's Constitution at the forthcoming Annual General Meeting to be held on 28 April 2021 and does not wish to seek for re election. Accordingly, she will cease as a Director of the Company.
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
01/05/2008
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)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Audit and Risk Committee
Role and responsibilities
Non-Executive Independent Director
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. Metro Holdings Limited
2. Singapore Post Limited
3. Jubilant Pharma Limited
4. Honour (Singapore) Limited
5. SingHealth Fund Limited
6. Zender-Fang Associate Pte Ltd
7. Fynch Consulting Pte Ltd
8. Far East Organization
9. Singapore Business Federation
10. Medishield Life Council
11. Tote Board (Singapore Totalisator Board)
12. Cromwell EREIT Management Pte Ltd