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Change - Announcement Of Resignation Of Non-Executive Non-Independent Director And Deputy Chairman
BackJul 22, 2020
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 22, 2020 18:41 |
| Status | New |
| Announcement Sub Title | Resignation of Non-Executive Non-Independent Director and Deputy Chairman |
| Announcement Reference | SG200722OTHRGV6B |
| Submitted By (Co./ Ind. Name) | Tan Lay Hong |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Non-Executive Non-Independent Director and Deputy Chairman - Dato' Dr. Ir. Mohd Abdul Karim Bin Abdullah |
| Additional Details | |
| Name Of Person | Dato' Dr. Ir. Mohd Abdul Karim Bin Abdullah |
| Age | 55 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 22/07/2020 |
| Detailed Reason (s) for cessation | Following the cessation of Serba Dinamik Holdings Berhad ("Serba") as the controlling shareholder of the Company on 6 July 2020, Dato' Dr. Ir. Mohd Abdul Karim Bin Abdullah ("Dato' Karim"), being nominated by Serba to act as Director of the Company, gave notice of his resignation as Non-Executive Non-Independent Director and Deputy Chairman of the Company. Consequent thereto, Dato' Karim also ceased to be a member of 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 | 02/05/2018 |
| 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) | 7 |
| 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.) | - Non-Executive Non-Independent Director and Deputy Chairman - Member of Nominating and Compensation Committees |
| 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 | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Nil |
| Present | Please refer to Appendix I |
Attachments
- Appendix I (Size: 80,929 bytes)
- Announcement (Size: 101,690 bytes)
