This printed article is located at https://bhgreit.listedcompany.com/news.html
Change - Announcement Of Resignation Of Independent And Non-Executive Director
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Feb 9, 2024 12:21 |
| Status | New |
| Announcement Sub Title | Resignation of Independent and Non-Executive Director |
| Announcement Reference | SG240209OTHR6CBF |
| Submitted By (Co./ Ind. Name) | Chan Iz-Lynn |
| Designation | Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr Ben Yeo Chee Seong as an Independent and Non-Executive Director. |
| Additional Details | |
| Name Of Person | Ben Yeo Chee Seong |
| Age | 72 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 11/02/2024 |
| Detailed Reason (s) for cessation | Mr Ben Yeo Chee Seong has served as an Independent and Non-Executive Director since 12 February 2015 and would have served on the Board of Directors of BHG Retail REIT for nine years on 11 February 2024. Mr Yeo's retirement is part of the Board renewal process and the Board expresses its appreciation to Mr Yeo for his invaluable contributions and guidance during his tenure. |
| 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 | 12/02/2015 |
| 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 | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Non-Executive Director Nominating and Remuneration Committee (Chairman) Audit and Risk Committee (Member) |
| Role and responsibilities | Independent Non-Executive Director Nominating and Remuneration Committee (Chairman) Audit and Risk Committee (Member) |
| 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) | Nil |
| Present | 1) Angullia Development Pte. Ltd. 2) TCRE Partners Private Limited 3) T.K. Yeo (Private) Limited 4) Muse Capital Pte. Ltd. 5) Muse (Carpenter) Pte. Ltd. 6) Y Hospitality Pte. Ltd. 7) Y Developments Pte. Ltd. 8) Y Properties Pte. Ltd. 9) Y (Hai Hin) Pte. Ltd. 10) Ginkgo Tree Asset Management Pte. Ltd. |