News
Replace - Change - Announcement Of Resignation Of Head Of Finance
BackJun 03, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jun 3, 2024 17:37 |
| Status | Replace |
| Announcement Sub Title | Resignation of Head of Finance |
| Announcement Reference | SG240531OTHR7S94 |
| 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 Mr. Lim Kai Lun as Head of Finance This announcement superseded the earlier announcement released on 31 May 2024 (announcement reference no. SG240531OTHR7S94). Save for the change in the reply to the number of AC to have a minimum of 3 members (taking into account this cessation), there are no other changes to be made to the announcement. |
| Additional Details | |
| Name Of Person | Lim Kai Lun |
| Age | 41 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/06/2024 |
| Detailed Reason (s) for cessation | Mr. Lim is resigning as Head of Finance 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 | 28/07/2023 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 4 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Head of Finance |
| Role and responsibilities | Mr. Lim is responsible for all finance matters of 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? | No |
| Past (for the last 5 years) | Nil |
| Present | Nil |
