Change - Announcement Of Cessation As Independent Director
BackOct 17, 2014
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation as Independent Director |
| Securities | CORDLIFE GROUP LIMITED (CORDLIFE) |
| Date & Time of Broadcast | Oct 17, 2014 18:31 |
| Submitted By | Yee Pinh Jeremy Executive Director & Chief Executive Officer |
| Description | Cessation as Independent Director. |
| Cessation Details | |
| Name of person | Ng Tiak Soon |
| Age | 65 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Oct 17, 2014 |
| Detailed reason(s) for cessation | Mr Ng Tiak Soon retired pursuant to Article 94 of the Company's Articles of Association at the Annual General Meeting held on 17 October 2014, and he did not offer himself for re-election to office. |
| 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 | Nov 1, 2011 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this account this cessation) | 3 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 1 |
| Job Title | Independent Director, AC Chairman and Member of Remuneration Committee. |
| Role and responsibilities | Role and responsibilities of an Independent Director, Chairman of Audit 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 subsidaries | No. |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | 1. Kinergy Ltd. |
| Present | 1. St. James Holdings Ltd 2. 800 Super Holdings Limited 3. Eurosports Global Limited |