Change - Announcement of Cessation::Cessation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
M&C REIT MANAGEMENT LIMITED
Securities
CDL HOSPITALITY TRUSTS - SG1T66931158 - J85
Stapled Security
Yes

Other Issuer(s) for Stapled Security

Name
DBS TRUSTEE LIMITED

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Aug-2026 18:01:25
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director
Announcement Reference
SG260814OTHRFR6N
Submitted By (Co./ Ind. Name)
Soo Lai Sun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Ms Cheah Sui Ling as an Independent Non-Executive Director, the Chairman of Board Sustainability Committees, a member of Audit and Risk Committees and a member of Nominating and Remuneration Committees

Additional Details

Name of person
Cheah Sui Ling
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date.
17/08/2026
Detailed reason(s) for cessation
Ms Cheah is stepping down from the Board of M&C REIT Management Limited, manager of CDL Hospitality Real Estate Investment Trust ("H-REIT Manager"), and the Board of M&C Business Trust Management Limited, trustee-manager of CDL Hospitality Business Trust ("HBT Trustee-Manager") as she would have served on both Boards as an independent director for nine years on 17 August 2026. Ms Cheah will concurrently cease to be the Chairman of Board Sustainability Committees ("BSCs"), a member of Audit and Risk Committees ("ARCs") and a member of Nominating and Remuneration Committees ("NRCs") of the H-REIT Manager and HBT Trustee-Manager.
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
18/08/2017
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the BSCs, Member of ARCs and Member of NRCs
Role and responsibilities
As above
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
No
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Other Directorships
Past (for the last 5 years)
ecoSPIRITS Pte Ltd
Leap Philanthropy Ltd.
Parkway Trust Management Limited (as Manager of Parkway Life REIT)
Present
Executive Centre India Limited
Hisential Pte. Ltd.
New Insight Retreats Pte. Ltd.
Pathology Asia Holdings Pte. Ltd.
TeleChoice International Limited
Vertex Venture Holdings Ltd