Change - Announcement Of Cessation Of Non-Independent Non-Executive Director
BackMay 26, 2021
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | May 26, 2021 15:15 |
| Status | New |
| Announcement Sub Title | ANNOUNCEMENT OF CESSATION OF NON-INDEPENDENT NON-EXECUTIVE DIRECTOR |
| Announcement Reference | SG210526OTHR9FGU |
| Submitted By (Co./ Ind. Name) | Yeo Hui Leng |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Non-Independent Non-Executive Director. |
| Additional Details | |
| Name Of Person | Janice Wu Sung Sung |
| Age | 51 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 26/05/2021 |
| Detailed Reason (s) for cessation | Ms Janice Wu has resigned as a Non-Independent Non-Executive Director of the Company to comply with the provision 2.2 of the Code of Corporate Governance 2018 that the Independent Directors to make up a majority of the Board where the Chairman is not independent. |
| 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 | 20/08/2014 |
| 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 | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Independent Non-Executive Director |
| Role and responsibilities | Responsibilities as Non-Independent Non-Executive Director of the Company. |
| 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) | Please refer to Appendix A. |
| Present | Please refer to Appendix B. |
Attachments
- Appendix A (Size: 320,649 bytes)
- Appendix B (Size: 194,567 bytes)