News
Change - Announcement Of Resignation Of Chief Financial Officer
BackJul 27, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 27, 2023 17:21 |
| Status | New |
| Announcement Sub Title | Resignation of Chief Financial Officer |
| Announcement Reference | SG230727OTHRJJK6 |
| Submitted By (Co./ Ind. Name) | ARA Trust Management (USH) Pte. Ltd./Low Mei Mei, Maureen |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Chief Financial Officer |
| Additional Details | |
| Name Of Person | Ling Hong Liang |
| Age | 44 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 28/07/2023 |
| Detailed Reason (s) for cessation | Mr. Ling Hong Liang ("Mr Ling") has resigned as Chief Financial Officer (CFO) of the Company to pursue other career opportunities. |
| 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 | 01/04/2023 |
| 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 | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Financial Officer |
| Role and responsibilities | Mr. Ling is responsible for all finance and investor relations matters for ARA US Hospitality Trust. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | 285000 |
| Past (for the last 5 years) | BEAF Investments (HK) Limited Global Glitter Limited Smart Dynasty Limited |
| Present | Bras Basah Acquisition Limited Bras Basah Holdings Limited Bras Basah Investments Limited Bras Basah JV Limited ARA (AREP Asia II) Limited Victorian Investment Holding Pte. Ltd. Victorian Property Holding Pte. Ltd. Island Robinson Holding 1 Limited Island Robinson Holding 2 Limited Island Robinson Investment Limited Island Robinson Holding 3 Limited Ivory SL Holding Limited Shanghai Chongyi Real Estate Co., Ltd. BEAF Investments Limited CIP Acquisitions Limited CIP Alpha Holdings Limited CIP BEAF Holdings Limited CIP Investments Limited Trophy Limited CIP Polaris Holdings Limited RTC Limited Dalian Boyuan Co., Ltd. Global (Shanghai) Real Estate Development Co., Ltd Shanghai Xin Mao Property Development Co., Ltd Golden Centre Investments Limited Land Express (Golden Centre) Limited MIP Holdings Limited MIP R.E. Investments Limited Peninsula Asia Holdings Limited PIP Canberra Investments Limited PIP Capital Square Investments Limited PIP Asia Holdings Limited Peninsula Century Holdings Limited PIP R.E. Holdings Limited Capital Square Pte. Ltd. Street Square Pte. Ltd. Tiger III Limited Tiger IV Limited Tiger V Limited Tiger VI Limited H3 Tiger Holdings Limited Harmonie III Holdings Limited 1MK Holdings Sdn Bhd 1MK Retail Sdn Bhd Attic Holdings Sdn Bhd Bright Way Realty Sdn Bhd Delta Awana Sdn Bhd Eight Saga Sdn Bhd Focal Quality Sdn Bhd FQ Holdings Sdn Bhd Lion Ipoh Parade Sdn Bhd Lion Klang Parade Sdn Bhd Majestic Appeal Sdn Bhd Mont Hazel Sdn Bhd Pinkbury Sdn Bhd H3 Capital Berhad H3 Holdings (S) Pte. Ltd. Mapleleaf Century Partners Limited Shanghai Century Link Real Estate Co., Ltd. |
