Change - Announcement Of Cessation Of Appointment Of Non-Executive Lead Independent Director
BackFeb 07, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Feb 7, 2023 17:56 |
| Status | New |
| Announcement Sub Title | CESSATION OF APPOINTMENT OF NON-EXECUTIVE LEAD INDEPENDENT DIRECTOR |
| Announcement Reference | SG230207OTHRUNY0 |
| Submitted By (Co./ Ind. Name) | LIM JOO LEE |
| Designation | COMPANY SECRETARY |
| Description (Please provide a detailed description of the event in the box below) | Cessation of appointment of Mr Ko Kheng Hwa as Non-Executive, Lead Independent Director, Chairman of the Nominating and Remuneration Committee ("NRC") and member of the Audit, Risk and Compliance Committee ("ARCC"). |
| Additional Details | |
| Name Of Person | KO KHENG HWA |
| Age | 68 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/03/2023 |
| Detailed Reason (s) for cessation | Mr Ko has resigned as Non-Executive, Lead Independent Director to devote more time to his other commitments. |
| 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 | 21/01/2019 |
| 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) | 3 |
| 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.) | Non-Executive, Lead Independent Director, Chairman of NRC and member of ARCC. |
| Role and responsibilities | Non-Executive, Lead Independent Director, Chairman of NRC and member of ARCC. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Please refer to Appendix 1 |
| Present | Please refer to Appendix 1 |
Attachments
Appendix 1 (Size: 177,427 bytes)