Announcement Title | Change - Announcement of Cessation |
Date & Time of Broadcast | Jul 12, 2024 19:36 |
Status | New |
Announcement Sub Title | Retirement of Independent Non-Executive Director - Goh Li-Lin, Gillian |
Announcement Reference | SG240712OTHRI7YI |
Submitted By (Co./ Ind. Name) | Ang Lay Kheng |
Designation | Chief Financial Officer and Company Secretary |
Description (Please provide a detailed description of the event in the box below) | Retirement of Goh Li-Lin, Gillian ("Ms Goh") as Independent Non-Executive Director. |
Additional Details | |
Name Of Person | Goh Li-Lin, Gillian |
Age | 50 |
Is effective date of cessation known? | Yes |
If yes, please provide the date | 30/07/2024 |
Detailed Reason (s) for cessation | Ms Goh has decided not to seek re-election at the Company's 46th Annual General Meeting in order to accord more time to her work commitments and other priorities. Concurrently, she will relinquish her position as Chairman of the Remuneration Committee and member of Audit and Risk Management Committee of the Company. |
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? | Yes |
If Yes, Please provide full details | The Company will endeavour to fill the vacancy in the Board Committees within 2 months, and in any case, no later than 3 months, to comply with Rules 210(5)(c) and 704(8) of the Listing Manual. |
Date of Appointment to current position | 01/01/2024 |
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 as 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 - PrimePartners Corporate Finance Pte. Ltd. |
Present | Directorships - OIO Holdings Limited Other Principal Commitments - re:Equity Consulting |