Change - Announcement of Cessation :: Cessation of Non-Independent Non-Executive Director
BackJul 03, 2025
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 3, 2025 21:37 |
| Status | New |
| Announcement Sub Title | Cessation of Non-Independent Non-Executive Director |
| Announcement Reference | SG250703OTHR052S |
| Submitted By (Co./ Ind. Name) | Goh Xun Er |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Mr. Chow Wai Leong as a Non-Independent Non-Executive Director. |
| Additional Details | |
| Name Of Person | Chow Wai Leong |
| Age | 56 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 03/07/2025 |
| Detailed Reason (s) for cessation | Mr. Chow has informed the Board of his decision to step down as a Non-Independent Non-Executive Director of the Company in order to focus on other commitments. The Board wishes to express its sincere appreciation to Mr. Chow for his valuable contributions during his tenure. Following his resignation, Mr. Chow will also cease to be a member of the Remuneration Committee. |
| 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 | 01/12/2021 |
| 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 | 5 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Independent Non-Executive Director and a member of the Remuneration Committee |
| Role and responsibilities | 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 | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | NIL |
| Present | NIL |