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Guoco Group Limited Board/Management Information 2010

Nov 26, 2010

48904_rns_2010-11-26_7c5bb3e3-0167-4ac5-ab97-85435ba3a3bf.pdf

Board/Management Information

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The Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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FAR EAST HOTELS AND ENTERTAINMENT LIMITED 遠東酒店實業有限公司

(Incorporated in Hong Kong under the Companies Ordinance)

(Stock Code: 0037)

RESIGNATION OF ALTERNATE DIRECTOR

The Board announces that Mr. Chan has resigned as an Alternate Director to Mr. Deacon Te Ken Chiu, Chairman of the Board of the Company, with effect from 26 November 2010 due to his other business commitments.

The board of directors (the “Board”) of Far East Hotels And Entertainment Limited (the “Company”) announces that Mr. Chan Chi Hing (“Mr. Chan”) has resigned as an Alternate Director to Mr. Deacon Te Ken Chiu, Chairman of the Board of the Company, with effect from 26 November 2010 due to his other business commitments. Mr. Chan has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Chan for his valuable contribution to the Company during his tenure of office.

By Order of the Board

Far East Hotels And Entertainment Limited

Derek Chiu

Managing Director & Chief Executive Hong Kong, 26 November 2010

As at the date of this announcement, the executive Directors are Mr. Deacon Te Ken Chiu, Mr. Derek Chiu, Mr. Desmond Chiu, Ms. Margaret Chiu; the non-executive Directors are Mrs. Chiu Ju Ching Lan, Mr. Dick Tat Sang Chiu, Mr. David Chiu, Mr. Dennis Chiu, Mr. Duncan Chiu; the independent non-executive Directors are Mr. Ip Shing Hing, Mr. Ng Wing Hang Patrick, Mr. Choy Wai Shek Raymond.