News
Change - Announcement Of Resignation Of Non-Executive Non-Independent Chairman
BackSep 27, 2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 27, 2022 22:16 |
| Status | New |
| Announcement Sub Title | Resignation of Non-Executive Non-Independent Chairman |
| Announcement Reference | SG220927OTHRU99Y |
| Submitted By (Co./ Ind. Name) | Tan Ah Lye |
| Designation | Executive Director and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Please refer to the information below. |
| Additional Details | |
| Name Of Person | Teo Yi-Dar (Zhang Yida) |
| Age | 51 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 26/09/2022 |
| Detailed Reason (s) for cessation | Mr Teo Yi-Dar (Zhang Yida) ("Mr Teo") resigned as the Non-Executive Non-Independent Director of the Company ("Resignation") to devote more time to his other work commitments. Following the Resignation, Mr Teo will also cease to be a member of the Audit and Risk Committee, the Nominating Committee and the Remuneration Committee of the Company. |
| 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 | 01/07/2020 |
| 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 |
| 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-Independent Non-Executive Chairman, a member of the Audit and Risk Committee, the Nominating Committee and the Remuneration Committee |
| Role and responsibilities | Assumed the roles and responsibilities of the Non-Independent Non-Executive Chairman, a member of the Audit and Risk Committee, the Nominating Committee and the Remuneration Committee |
| 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 - 1,600 shares Deemed interest - 30,950,000 shares |
| Past (for the last 5 years) | Please refer to Appendix A. |
| Present | Please refer to Appendix A. |
Attachments
- Appendix A (Size: 96,800 bytes)