Announcement Title | Change - Announcement of Cessation |
Date & Time of Broadcast | Apr 26, 2024 17:39 |
Status | New |
Announcement Sub Title | Cessation of Non-Executive and Independent Director |
Announcement Reference | SG240426OTHRRZ3J |
Submitted By (Co./ Ind. Name) | Lou Yiliang |
Designation | Chief Executive Officer |
Description (Please provide a detailed description of the event in the box below) | Cessation of Independent and Non-Executive Director, Mr Sunny Wong Fook Choy |
Additional Details | |
Name Of Person | Sunny Wong Fook Choy |
Age | 68 |
Is effective date of cessation known? | Yes |
If yes, please provide the date | 26/04/2024 |
Detailed Reason (s) for cessation | To comply with Rule 210 (5)(d)(iv) of the SGX-ST Listing Rules and to facilitate the renewal of Independent Directors on the Board, Mr Sunny Wong Fook Choy, has stepped down as an Independent and Non-Executive Director of the Company with effect from 26 April 2024, and had concurrently relinquished his position as Chairman of the Remuneration Committee and a member of the Nominating 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 | 17/11/2014 |
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) | 0 |
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 0 |
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive and Independent Director |
Role and responsibilities | Roles and responsibilities of the Non-Executive and Independent 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) | Wong Tan & Molly Lim LLC Excelpoint Technology Ltd WTML Management Services Pte Ltd |
Present | Mencast Holdings Limited Civmec Limited |
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