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. |