| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 30, 2024 19:27 |
| Status | New |
| Announcement Sub Title | Announcement of Cessation of Chairman, Lead Independent Director and Committee Chairman |
| Announcement Reference | SG240430OTHRB0V4 |
| Submitted By (Co./ Ind. Name) | Mak Mei Yook |
| Designation | Company Secretary |
| Effective Date and Time of the event | 30/04/2024 17:00:00 |
| Description (Please provide a detailed description of the event in the box below) | Announcement of Cessation of Mr Lee Kwong Foo, Edward as the Chairman, Lead Independent Director and Chairman of Nominating Committee on 30 April 2024. |
| Additional Details | |
| Name Of Person | Lee Kwong Foo, Edward |
| Age | 76 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/04/2024 |
| Detailed Reason (s) for cessation | Mr Lee Kwong Foo, Edward who retired pursuant to Regulation 111 of the Company's Constitution, did not seek for re-election and retired as Chairman and Lead Independent Director of the Company at the conclusion of the Annual General Meeting held on 30 April 2024. Following his cessation, Mr Lee Kwong Foo, Edward ceased his role as Chairman of the Nominating Committee ("NC"). |
| 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 | 23/01/2007 |
| 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) | 0 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | - Chairman of the Board - Lead Independent Director - Chairman of NC |
| Role and responsibilities | Carry out the responsibilities of Chairman of the Board, Lead Independent Director and the Chairman of NC. |
| 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? | No |
| Past (for the last 5 years) | - QAF Ltd. (Independent Director) - PT Kawasan Industri Kendal- Indonesia (Independent Director) |
| Present | - Gas Supply Pte Ltd (Independent Director) - Asia Mobile Holdings Pte Ltd (Independent Director) - MS First Capital Insurance Ltd. (Independent Director) |