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
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