Allied Hotel Properties Inc. Mourns the Death of a Director
28 Mayo 2021 - 1:17PM
The Board of Directors of Allied Hotel Properties Inc.
(“
Allied” or the “
Company”)
(TSX-V: AHP) announces with great sadness the sudden and unexpected
passing of our friend and director, T.L. (Lloyd) Callahan, on May
20, 2021. Mr. Callahan served as an independent director of the
Company since June 2008 and was a sitting member of the
Compensation Committee.
In addition to his contributions to the Company
as a director, Lloyd was a friend and colleague to many at Allied,
including Michael Chan, President and CFO of the Company, who
stated, “Lloyd will not only be remembered as a director of our
company, but as a true gentleman, mentor, and friend. We will miss
his wise counsel and cheerful comradeship.”
The Board thanks the late Mr. Callahan for his
invaluable contribution to the Company during his tenure of service
and expresses the deepest condolences to his family during this
difficult time.
The remaining directors of the Company, Peter
Y.L. Eng, Syed Abu Bakar bin Syed Mohsin Almohdzar, Michael F.
Chan, Dennis Ng, Francis A. Wong and Patrick Kong, will continue to
take care of the affairs of the Company. At the time of his
passing, Mr. Callahan was named in the Company’s printed materials,
including the information circular, as one of management’s nominees
for re-election as a director of the Company at its annual general
meeting to be held on June 23, 2021. The Company does not
anticipate nominating a replacement for Mr. Callahan, with the
intention of having only six directors for the upcoming year.
On behalf of the Board of Directors:
(signed) Michael F. Chan
Michael F. ChanPresident, Chief Financial
Officer, Secretary and Director
For more information please contact:Allied Hotel
Properties Inc.Tel: 604-669-5335Fax: 604-682-8131e-mail:
mikechan@alliedhotels.com
Neither the TSX Venture Exchange nor its
regulation services provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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