| Announcement Title |
Change - Announcement of Cessation |
| Date & Time of Broadcast |
Aug 11, 2023 22:26 |
| Status |
New |
| Announcement Sub Title |
Resignation of Lead Independent Non-Executive Director |
| Announcement Reference |
SG230811OTHR2NEL |
| Submitted By (Co./ Ind. Name) |
SEOW SOON YONG |
| Designation |
CHIEF EXECUTIVE OFFICER |
| Description (Please provide a detailed description of the event in the box below) |
Resignation of Mr Tan Eng Kiat Dominic as Lead Independent Non-Executive Director. |
| Additional Details |
| Name Of Person |
Mr Tan Eng Kiat Dominic |
| Age |
81 |
| Is effective date of cessation known? |
Yes |
| If yes, please provide the date |
11/08/2023 |
| Detailed Reason (s) for cessation |
Due to advanced age and health issue. |
| 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 |
03/03/2008 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? |
No |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) |
2 |
| 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.) |
Lead Independent Non-Executive Director, Chairman of the Audit Committee and Nominating Committee as well as a member of the Remuneration Committee. |
| Role and responsibilities |
As above. |
| 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? |
Yes |
| Shareholding Details |
Direct interest of 225,000 ordinary shares in the share capital of Yongnam Holdings Limited. |
| Past (for the last 5 years) |
None |
| Present |
None |
