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Change - Announcement Of Retirement Of Independent Director
BackApr 20, 2017
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 20, 2017 19:13 |
| Status | New |
| Announcement Sub Title | Retirement of Independent Director |
| Announcement Reference | SG170420OTHROPI0 |
| Submitted By (Co./ Ind. Name) | Lynn Wan Tiew Leng |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Independent Director |
| Additional Details | |
| Name Of Person | Dr Lim Boh Soon |
| Age | 61 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 20/04/2017 |
| Detailed Reason (s) for cessation | Dr Lim Boh Soon, who was retiring pursuant to Article 95 of the Company's Constitution, did not stand for re-election at the Company's Annual General Meeting ("AGM") held on 20 April 2017, retired as a Director of the Company at the conclusion of the AGM. Consequent thereto, Dr Lim ceased to be a member of the Nominating and Compensation Committees. |
| 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 | 22/01/1999 |
| 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) | 6 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director, Member of Nominating and Compensation Committees |
| Role and responsibilities | Independent Director |
| 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? | Yes |
| Shareholding Details | Direct Interest - 330,000 shares |
| Past (for the last 5 years) | - AP Fund Management Pte Ltd - Nationwide Petroleum Pte Ltd - Peak Power Asia Pte Ltd - Hup Soon Leong Holdings Pte Ltd - Auric Pacific Group Limited - SMTrack Berhad - Qrinon Pte Ltd - Isoquant Sdn Bhd |
| Present | - Across Asia Limited - Jumbo Group Limited |
