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Change - Announcement Of Resignation Of Non-Executive Chairman Who Is A Member Of The Nominating And Remuneration Committee

BackFeb 12, 2018
Other Issuer(s) for Stapled Security
Name
DBS TRUSTEE LIMITED
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Feb 12, 2018 18:24
Status New
Announcement Sub Title Resignation of Non-Executive Chairman who is a member of the Nominating and Remuneration Committee
Announcement Reference SG180212OTHRJ1SR
Submitted By (Co./ Ind. Name) Soo Lai Sun
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Resignation of Non-Executive Chairman who is a member of the Nominating and Remuneration Committee.
Additional Details
Name Of Person Wong Hong Ren
Age 66
Is effective date of cessation known? Yes
If yes, please provide the date 12/02/2018
Detailed Reason (s) for cessation Mr Wong Hong Ren has decided to step down as the Non-Executive Chairman and Director from the Boards and as a member of the Nominating and Remuneration Committees of M&C REIT Management Limited (the Manager of CDL Hospitality Real Estate Investment Trust) (the "H-REIT Manager") and M&C Business Trust Management Limited (the Trustee-Manager of CDL Hospitality Business Trust) (the "HBT Trustee-Manager") for personal reasons, having served on the Boards for more than ten years since 2006.
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 17/05/2006
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.) Non-Executive Chairman and Member of the Nominating and Remuneration Committees of the H-REIT Manager and the HBT Trustee-Manager
Role and responsibilities As above
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? Yes
Shareholding Details Direct interest in 138,000 Stapled Securities of CDL Hospitality Trusts
Past (for the last 5 years) Please refer to the document attached for list of past directorships
Present Alpha Chance Holdings Limited
CDL Hotels (Singapore) Pte Ltd
Sceptre Hospitality Resources Pte. Ltd.
RSF Carolina Partners, LLC
RSF Syracuse Partners, LLC
Sceptre Hospitality Resources, LLC

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