News
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 |