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| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Feb 28, 2024 21:47 |
| Status | New |
| Announcement Sub Title | Resignation of Executive Director and Group CEO |
| Announcement Reference | SG240228OTHRWFSQ |
| Submitted By (Co./ Ind. Name) | Low Mei Wan |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | This announcement replaces the Company's announcement reference number SG231027OTHR706F released on 27 October 2023. |
| Additional Details | |
| Name Of Person | Tan Poh Lan |
| Age | 61 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 19/02/2024 |
| 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. Her resignation as Executive Director and the Group CEO has been accepted by the board of directors of the Company. Subsequent to the appointment of Mr Yiu Pang Fai as new Group CEO with effect from 19 February 2024, the Company and Ms Tan have agreed that the effective date of cessation of her appointment as an Executive Director and the Group CEO of the Company shall take effect on 19 February 2024. |
| 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. |