Change - Announcement of Cessation :: Resignation of Non-Independent Non-Executive Director
BackNov 11, 2021
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Nov 11, 2021 19:44 |
| Status | New |
| Announcement Sub Title | Resignation of Non-Independent Non-Executive Director |
| Announcement Reference | SG211111OTHR1E2H |
| Submitted By (Co./ Ind. Name) | Tan Poh Lan |
| Designation | Executive Director and Group CEO |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Non-Independent Non-Executive Director |
| Additional Details | |
| Name Of Person | Fong Chi Wah |
| Age | 58 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 11/11/2021 |
| Detailed Reason (s) for cessation | Mr Fong Chi Wah is a nominee from Mr Hon Kwok Lung ("Mr Hon"). Mr Hon has ceased to be a substantial shareholder. |
| 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 | 18/01/2019 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Independent Non-Executive Director |
| Role and responsibilities | Role and responsibilities of a Non-Independent Non-Executive Director |
| 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) | National Fund Limited Real Nutriceutical Group Limited Baring Capital (China) Management Limited |
| Present | Bendura Bank Chart Victory Limited China Youzan Limited Chun Mei International Limited The Dreyfuss Group Ltd Eterna AG Uhrenfabrik Eterna (Asia) Limited Everbright (HK) Holdings Co., Limited Everbright Pelico (HK) Co., Limited Faithful Property Investment Limited Joyful Surplus International Limited Lingnan Club Lingnan Education Organization Limited Rotary Watches Ltd. |