News

Change - Announcement Of Resignation Of General Manager

BackAug 16, 2016
Announcement Title Change - Announcement of Cessation
Announcement Subtitle RESIGNATION OF GENERAL MANAGER
Securities HOTEL ROYAL LTD (H ROYAL)
Date & Time of Broadcast Aug 16, 2016 17:21
Submitted By SIN CHEE MEI
COMPANY SECRETARY
Description Resignation of Mr Lee Chou Hor George as General Manager
Cessation Details
Name of person Lee Chou Hor George
Age 57
Is effective date of cessation known? Yes
Effective date for cessation Aug 31, 2016
Detailed reason(s) for cessation To 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 Jan 4, 1993
Does the AC have a minimum of 3 members (taking into account this cessation)? Yes
Number of independent directors currently resident in Singapore (taking this 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 0
Job Title General Manager of Royal Properties Investment Pte Ltd, Royal Capital Pte Ltd and Grand Complex Properties Ltd (New Zealand)
Role and responsibilities Responsible for the real estate and capital market investments evaluation and acquisition, and asset planning and management for the Group.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries Nephew of the Non-Executive Chairman, Dr Lee Keng Thon and Non-Executive Directors, Mr Lee Khin Tien and Mr Lee Kin Hong. Mr Lee Chou Hor George is a brother of a substantial Shareholder, Mr Lee Chou Tart and Chief Executive Officer ("CEO"), Mr Lee Chou Hock.
Shareholdings interest in the listed issuer and its subsidaries? Yes
Shareholding Details Direct Interest - 42,000 shares (0.05%)
Deemed Interest - 10,178,000 (12.11%)
Other directorships
Past (for the last 5 years) Nil
Present Royal Capital Pte Ltd
Royal Properties Investment Pte Ltd
Castle Mall Properties Pte Ltd
Prestige Properties Sdn. Bhd.
Grand Complex Properties Ltd
Hotel Royal @ Queens (Singapore) Pte Ltd
Faber Kompleks Sdn. Bhd.
Hotel Royal (Thailand) Private Limited
Hotel Royal Bangkok (Thailand) Co., Ltd
Panali Co., Ltd.
Baba Residences Sdn. Bhd.