Change - Announcement of Cessation :: Resignation of Executive Director and Group CEO
BackOct 27, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Oct 27, 2023 17:32 |
| Status | New |
| Announcement Sub Title | Resignation of Executive Director and Group CEO |
| Announcement Reference | SG231027OTHR706F |
| Submitted By (Co./ Ind. Name) | Joseph Wong Wai Leung |
| Designation | Chairman, ID |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Executive Director and Group CEO. |
| Additional Details | |
| Name Of Person | Tan Poh Lan |
| Age | 61 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/03/2024 |
| Detailed Reason (s) for cessation | Ms. Tan Poh Lan has informed the Company that she has resigned as an Executive Director of the Company and the Group Chief Executive Officer (the "Group CEO") as she is retiring to pursue her personal interests. Her last day of service will be 31 March 2024. She will relinquish all her appointments within the Group by her last day of service. Her resignation as Executive Director and the Group CEO has been accepted by the board of directors 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? | No |
| Date of Appointment to current position | 28/02/2019 |
| 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) | 2 |
| 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.) | Executive Director and Group CEO |
| Role and responsibilities | Ms. Tan Poh Lan is responsible for the overall management of the Group's operations, as well as the formulating and implementing the Group's business strategies. |
| 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 | 1,165,680 ordinary shares in Cordlife Group Limited |
| Past (for the last 5 years) | Nil. |
| Present | Cordlife Technologies Pte. Ltd. CS Cell Technologies Pte. Ltd. Stemlife Berhad PT Cordlife Persada Cordlife Sciences (India) Pvt. Ltd. Cordlife Medical Phils, Inc Cordlife Stem Cell Technology Limited Cordlife Hong Kong Limited Healthbaby Biotech (Hong Kong) Co., Limited Cordlife Stem Cell Technologies Limited Healthbaby Biotech (Macau) Co. Limited Shanghai Cordlife Biomedical Research Co. Ltd. |