Change - Announcement of Appointment::Appointment of Assistant Vice President/ Director, Group Retail Operations

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 Appointment
Date &Time of Broadcast
02-Jan-2016 10:16:15
Status
New
Announcement Sub Title
Appointment of Assistant Vice President/ Director, Group Retail Operations
Announcement Reference
SG160102OTHR4R56
Submitted By (Co./ Ind. Name)
Jane Teah
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Assistant Vice President/ Director, Group Retail Operations who is a relative of a director and substantial shareholder

Additional Details

Date Of Appointment
01/01/2016
Name Of Person
Ho Ren Yung
Age
30
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Upon recommendation by Management and after review by the Nominating & Remuneration Committee of
Banyan Tree Holdings Limited ("BTH"), the Board of Directors of BTH approved the employment and remuneration package of Ms Ho Ren Yung as Assistant Vice President/ Director, Group Retail Operations.
Whether appointment is executive, and if so, the area of responsibility
Executive.

Ms Ho Ren Yung will be reporting to Vice President/ Executive Director of Operations for Banyan Tree Spa & Gallery. She shall be responsible and accountable for the overall retail operations of the Group's Spa & Gallery which includes all aspects of its merchandising, procurement and international sourcing.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Assistant Vice President/ Director, Group Retail Operations
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Daughter of Ho KwonPing (Executive Chairman & Substantial Shareholder) and Chiang See
Ngoh (Substantial Shareholder)
Conflict of interests (including any competing business)
NIL
Working experience and occupation(s) during the past 10 years
Ms Ho Ren Yung started as an intern with Banyan Tree Group (BT Group) from 2004 to 2005 working on projects in Maldives, Thailand, Laos and China. She was recruited as a Management Trainee in Banyan Tree Mayakoba in January 2009, and was subsequently appointed as Pre-Opening Manager from May 2009 to Dec 2010. In January 2011, she was promoted to Associate Director and she left BT Group to pursue her personal interest in September 2011.

From 2011 to 2015, Ms Ho ventured into retail and social enterprise projects.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
100,000
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
N.A.
Present
N.A.
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of a listed company?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
N.A.