Change - Announcement of Cessation::Resignation of Independent Director - Mr Eng Meng Leong
Issuer & Securities
RHT HEALTH TRUST MANAGER PTE. LTD.
RHT HEALTH TRUST - SG2F26986156 - RF1U
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Independent Director - Mr Eng Meng Leong
Submitted By (Co./ Ind. Name)
Gurpreet Singh Dhillon
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Eng Meng Leong as an Independent Director of the Company.
Name Of Person
Eng Meng Leong
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
The new shareholder of the Trustee-Manager has expressed the wish to reconstitute the Board, and the current directors, recognising the new shareholder's right to appoint its own nominees to the Board, have tendered their respective resignations to enable the Board to be reconstituted by the new shareholder. This follows the completion of the Disposal as well as the distribution of the majority of the Net Proceeds from the Disposal to Unit holders.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of the Remuneration Committee and Member of the Audit and Risk Management Committee.
Role and responsibilities
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Libra Group Limited
Croesus Retail Asset Management Pte. Ltd.
ACTS College Ltd