Change - Announcement of Cessation::Announcement of Cessation of Non-Executive and Non-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
06-May-2020 18:44:57
Status
New
Announcement Sub Title
Announcement of Cessation of Non-Executive and Non-Independent Director
Announcement Reference
SG200506OTHRETNG
Submitted By (Co./ Ind. Name)
Shelly Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Non-Executive and Non-Independent Director

Additional Details

Name Of Person
Ariel P Vera
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
06/05/2020
Detailed Reason (s) for cessation
Retirement at Annual General Meeting
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
01/01/2014
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)
5
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.)
Non-Executive and Non-Independent Director
Role and responsibilities
Non-Executive and Non-Independent Director
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
1,120,500
Past (for the last 5 years)
1. Thai Wah Food Public Company Limited
2. Thai Wah Starch Public Company Limited
Present
1. Laguna Resorts & Hotels Public Company Limited
2. Thai Wah Public Company Limited
3. ICD (HK) Limited