Newsroom
Change - Announcement Of Retiring As Director Of The Company
BackJan 17, 2025
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jan 17, 2025 7:59 |
| Status | New |
| Announcement Sub Title | Retiring as Director of the Company |
| Announcement Reference | SG250117OTHRA2YR |
| Submitted By (Co./ Ind. Name) | Sean Lee Yun Feng |
| Designation | CEO |
| Description (Please provide a detailed description of the event in the box below) | Mr Lee Kiam Hwee Kelvin will be retiring as a Director of the Company pursuant to Rule 210(5)(d)(iv) of the Listing Manual of the SGX-ST. Mr Lee Kiam Hwee Kelvin, upon his retirement, shall cease to be an Independent Director, Chairman of the Audit Committee and Remuneration Committee and a Member of the Nominating Committee of the Company. |
| Additional Details | |
| Name Of Person | Lee Kiam Hwee Kelvin |
| Age | 69 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 17/01/2025 |
| Detailed Reason (s) for cessation | Retiring to allow progressive renewal of the board. |
| 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 | 03/07/2009 |
| 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) | 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 (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director, Chairman of the Audit Committee and Remuneration Committee and a Member of the Nominating Committee. |
| Role and responsibilities | Non-Executive. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | (a) KOP Limited |
| Present | Nil |
