News
Change - Announcement Of Demise Of Independent Director
BackAug 08, 2019
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Aug 8, 2019 18:47 |
| Status | New |
| Announcement Sub Title | Change - Announcement of Cessation |
| Announcement Reference | SG190808OTHRCS3H |
| Submitted By (Co./ Ind. Name) | Sim Soon Ngee Glenndle |
| Designation | Executive Chairman & Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Demise of Independent Director. |
| Additional Details | |
| Name Of Person | Ho Chew Thim, Raymond |
| Age | 68 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 06/08/2019 |
| Detailed Reason (s) for cessation | Mr Ho Chew Thim, Raymond passed away on 6 August 2019. |
| 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 | 29/05/2008 |
| 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.) | Independent Director, Chairman of the Audit Committee, Members of the Nominating Committee and Remuneration Committee |
| Role and responsibilities | Duties as an Independent Director, Chairman of the Audit Committee, Members of the Nominating Committee and Remuneration Committee |
| 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 | 775,000 ordinary shares |
| Past (for the last 5 years) | Lead Independent Director, DeClout Limited |
| Present | Independent Director - Yongmao Holdings Limited Lead Independent Director - China Kunda Technology Holdings Limited Independent Director - Hengyang Petrochemical Logistics Limited Non-Executive Director - Hengyang Holding Pte Ltd Independent Director - Manulife US Real Estate Management Pte. Ltd. Lead Independent Director - Procurri Corporation Limited Non-executive Director - Unoterra Advisory Services Pte Ltd |