News
Change - Announcement Of Resignation Of Independent Director
BackJan 07, 2021
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jan 7, 2021 13:26 |
| Status | New |
| Announcement Sub Title | Resignation of Independent Director |
| Announcement Reference | SG210107OTHRR5MU |
| Submitted By (Co./ Ind. Name) | Jane Lim |
| Designation | Head of Corporate Trust |
| 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 | Lau Chun Wah @ Davy Lau |
| Age | 66 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 05/01/2021 |
| Detailed Reason (s) for cessation | To pursue other personal commitments |
| 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 | 16/04/2019 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 1 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 6 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Lead Independent Director, Chairman of Nominating and Remuneration Committee and Special Committee and Member of Audit and Risk Committee |
| Role and responsibilities | Lead Independent Director, Chairman of Nominating and Remuneration Committee and Special Committee and Member of Audit and Risk Committee |
| 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. Manulife US Real Estate Management Pte. Ltd. 2. Make-A-Wish Foundation (Singapore) Limited 3. Ocean Rich Group Ltd, BVI 4. AL Group Limited 5. Gooute Pte. Ltd. Singapore 6. United World College South East, Singapore 7. United World College of South East Asia - East, Singapore 8. International Houseware Retail Company Limited |
| Present | 1. DGL Group Inc., BVI 2. Japan Home (Retail) Pte Ltd 3. IVC Global Partners Pte. Ltd. Singapore 4. Sentiens Asia Pte. Ltd, Singapore 5. Hong Kong-ASEAN Economic Cooperation Foundation, Hong Kong |