Stamford Land Corporate Ltd

Email This Print This

News

Change - Announcement Of Resignation Of Independent Non-Executive Director

BackMay 31, 2017
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast May 31, 2017 17:24
Status New
Announcement Sub Title Resignation of Independent Non-Executive Director
Announcement Reference SG170531OTHRKSOF
Submitted By (Co./ Ind. Name) Lee Li Huang
Designation Chief Financial Officer and Company Secretary
Description (Please provide a detailed description of the event in the box below) Resignation of Mr. Douglas Owen Chester as Independent Non-Executive Director and Lead Independent Director, Chairman of Audit and Risk Management Committee and Member of Remuneration Committee
Additional Details
Name Of Person Douglas Owen Chester
Age 64
Is effective date of cessation known? Yes
If yes, please provide the date 31/05/2017
Detailed Reason (s) for cessation Due to other commitments
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 25/07/2013
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) 1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Independent Non-Executive Director and Lead Independent Director, Chairman of Audit and Risk Management Committee and Member of Remuneration Committee
Role and responsibilities Assumed the roles and responsibilities of an Independent Non-Executive Director and Lead Independent Director, Chairman of Audit and Risk Management Committee and Member of 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? No
Past (for the last 5 years) None
Present Kim Heng Offshore & Marine Holdings Limited
CIVMEC Limited