Stamford Land Corporate Ltd

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Change - Announcement Of Resignation Of Independent Non-Executive Director - Huong Wei Beng

BackDec 27, 2023
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Dec 27, 2023 17:39
Status New
Announcement Sub Title Resignation of Independent Non-Executive Director - Huong Wei Beng
Announcement Reference SG231227OTHRPXQ2
Submitted By (Co./ Ind. Name) Ow Yew Heng
Designation Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below) Resignation of Mr Huong Wei Beng ("Mr Huong") as Independent Non-Executive Director who is Chairman of Remuneration Committee and member of Audit and Risk Management Committee of the Company
Additional Details
Name Of Person Huong Wei Beng
Age 51
Is effective date of cessation known? Yes
If yes, please provide the date 31/12/2023
Detailed Reason (s) for cessation To focus on and devote more time to family commitments and personal interests
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 01/03/2019
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) 1
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.) Independent Non-Executive Director, Chairman of Remuneration Committee and Member of Audit and Risk Management Committee
Role and responsibilities Roles and responsibilities of Independent Non-Executive Director, Chairman of Remuneration Committee and Member of Audit and Risk Management Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries No
Shareholding interest in the listed issuer and its subsidiaries? No
Past (for the last 5 years) Directorships:
Nil

Other Principal Commitments:
- Novus Corporate Finance Pte. Ltd.
- 3 Peaks Capital Private Limited
Present Directorships:
- Singapore Shipping Corporation Limited

Other Principal Commitments:
- Heta Management