Trans Asia Hotels PLC announced that resignation of Mr. Susantha Chaminda Ratnayake as Chairman and Non-Executive and Independent Directors, with effect from December 31, 2018. The company also announced that Mr. Krishan Niraj Jayasekera Balendra, a non-executive non-independent director of the company has been appointed as chairman of the company with effect from January 1, 2019, upon the resignation of Mr. Susantha Chaminda Ratnayake as director of the company with effect from December 31, 2018.