Change - Announcement Of Cessation Of Non-Independent And Non-Executive Chairman
BackSep 13, 2017
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 13, 2017 20:39 |
| Status | New |
| Announcement Sub Title | Announcement of Cessation of Non-Independent and Non-Executive Chairman |
| Announcement Reference | SG170913OTHRS3ZJ |
| Submitted By (Co./ Ind. Name) | Foo Sey Liang |
| Designation | Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Please see the below. |
| Additional Details | |
| Name Of Person | Tan Keng Boon |
| Age | 71 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 13/09/2017 |
| Detailed Reason (s) for cessation | Sale of shares in HG Metal Manufacturing Ltd as advised by SEAVI Advent Investments Ltd. Mr. Tan no longer has a deemed interest in the shares in HG Metal Manufacturing Ltd in which he was represented as the director on the Board of HG Metal Manufacturing Ltd. |
| 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 | 16/05/2016 |
| 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) | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Independent and Non-Executive Chairman, Member of Audit and Risk Committee, Nominating Committee and Remuneration Committee |
| Role and responsibilities | Non-Independent and Non-Executive Chairman |
| 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) | Please refer to the attachment - Appendix A |
| Present | Please refer to the attachment - Appendix A |
Attachments
- Appendix A (Size: 11,952 bytes)