Change - Announcement Of Demise Of An Independent Director

06 Aug 2019
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Aug 6, 2019 22:18
Status New
Announcement Sub Title DEMISE OF AN INDEPENDENT DIRECTOR
Announcement Reference SG190806OTHRMG4Y
Submitted By (Co./ Ind. Name) Thomas Sean Murphy
Designation Chairman and Global Chief Executive Officer
Description (Please provide a detailed description of the event in the box below) Demise of an Independent Director
Additional Details
Name Of Person Ho Chew Thim, Raymond
Age 68
Is effective date of cessation known? Yes
If yes, please provide the date 06/08/2019
Detailed Reason (s) for cessation Mr. Ho Chew Thim, Raymond passed away on 6 August 2019
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 27/06/2016
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) 2
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.) Lead Independent Director, Chairman of Remuneration Committee and Member of Audit and Nominating Committee
Role and responsibilities Duties as the Lead Independent Director, Chairman of Remuneration Committee and as a Member of Audit and Nominating Committee
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? Yes
Shareholding Details 241,000 ordinary shares
Past (for the last 5 years) Lead Independent Director, DeClout Limited
Present Independent Director, Yongmao Holdings Limited
Independent Director, Mencast Holdings Ltd
Lead Independent Director, China Kunda Technology Holdings Limited
Independent Director, Hengyang Petrochemical Logistics Limited
Non-executive Director, Hengyang Holding Pte Ltd
Independent Director, Manulife US Real Estate Management Pte Ltd
Non-executive Director, Unoterra Advisory Services Pte Ltd