Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
EAGLE HOSPITALITY REIT MANAGEMENT PTE. LTD.
Securities
EAGLE HOSPITALITY TRUST - SGXC28500103 - LIW
Stapled Security
Yes

Other Issuer(s) for Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Mar-2020 12:21:09
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG200317OTHRQXDL
Submitted By (Co./ Ind. Name)
Salvatore Gregory Takoushian
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Director

DBS Bank Ltd. was the sole financial adviser and issue manager for the initial public offering of Eagle Hospitality Trust.

Additional Details

Name Of Person
Ng Kheng Choo
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
16/03/2020
Detailed Reason (s) for cessation
Pursue personal interests
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
08/10/2019
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director and NRC member
Role and responsibilities
NRC member and Independent Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
-
Present
Isoteam Ltd
OKH Global Ltd
VIT Consultancy Pte Ltd
Beehive Asset Management Pte Ltd