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

Issuer & Securities

Issuer/ Manager
BHG RETAIL TRUST MANAGEMENT PTE. LTD.
Securities
BHG RETAIL REIT - SG1CD7000009 - BMGU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Oct-2024 18:42:10
Status
New
Announcement Sub Title
Resignation of Independent and Non-Executive Director
Announcement Reference
SG241022OTHR4PZD
Submitted By (Co./ Ind. Name)
Chan Iz-Lynn
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Francis Siu Wai Keung as an Independent and Non-Executive Director.

Additional Details

Name Of Person
Francis Siu Wai Keung
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
11/11/2024
Detailed Reason (s) for cessation
Mr Francis Siu Wai Keung has served as an Independent and Non-Executive Director since 12 November 2015 and would have served on the Board of Directors of BHG Retail REIT for nine years on 11 November 2024. Mr Siu s retirement is part of the Board renewal process and the Board expresses its appreciation to Mr Siu for his invaluable contributions and guidance during his tenure.
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
12/11/2015
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
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of the Board
Independent Non-Executive Director
Audit and Risk Committee (Chairman)
Nominating and Remuneration Committee (Member)
Role and responsibilities
Chairman of the Board
Independent Non-Executive Director
Audit and Risk Committee (Chairman)
Nominating and Remuneration Committee (Member)
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?
No
Past (for the last 5 years)
1) CGN Power Co Ltd
2) Guocoland Limited
3) Beijing Gao Hua Securities Company Limited (China)
4) China International Capital Corporation Limited
Present
1) China Communication Services Corporation Limited
2) CITIC Limited HK
3) Accounting and Financial Reporting Council, Hong Kong
4) Morgan Stanley Securities (China) Co., Ltd.