Newsroom
Change - Announcement Of Resignation Of Independent Director
BackJan 28, 2019
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jan 28, 2019 0:05 |
| Status | New |
| Announcement Sub Title | Resignation of Independent Director |
| Announcement Reference | SG190127OTHRAJB5 |
| Submitted By (Co./ Ind. Name) | Sean Lee Yun Feng |
| Designation | CEO |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Mr Sim Swee Yam Peter as Independent Director of the Company. |
| Additional Details | |
| Name Of Person | Sim Swee Yam Peter |
| Age | 63 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 28/01/2019 |
| Detailed Reason (s) for cessation | Resignation 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 | 13/09/2007 |
| 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 | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director, the Chairman of Nominating Committee and a member of Remuneration 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) | Nil |
| Present | (a) GRAVITAS ALLIANCE INTERNATIONAL PTE LTD (b) LUM CHANG HOLDINGS LIMITED (c) SIM LAW PRACTICE LLC (d) SINGAPORE HEART FOUNDATION (e) MUN SIONG ENGINEERING LIMITED (f) SKB & ASSOCIATES PTE LTD (g) HAW PAR CORP LTD (h) SINGAPORE REINSURANCE CORPORATION LIMITED |
