Change - Announcement Of Cessation Of Vice Chairman, Independent Director And Committee Members

BackApr 30, 2024
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Apr 30, 2024 19:29
Status New
Announcement Sub Title Announcement of cessation of Vice Chairman, Independent Director and Committee Members
Announcement Reference SG240430OTHREWLG
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 Lim Hock San as the Vice Chairman, Independent Director, Chairman of Remuneration Committee and Members of Audit & Risk Management and Nominating Committee on 30 April 2024.
Additional Details
Name Of Person Lim Hock San
Age 77
Is effective date of cessation known? Yes
If yes, please provide the date 30/04/2024
Detailed Reason (s) for cessation Mr Lim Hock San who retired pursuant to Regulation 111 of the Company's Constitution, did not seek for re-election and retired as Vice Chairman and Independent Director of the Company at the conclusion of the Annual General Meeting held on 30 April 2024.

Following his cessation, Mr Lim Hock San ceased his roles as Chairman of Remuneration Committee ("RC"), Members of Audit & Risk Management Committee ("AC") and 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)? No
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 1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) - Vice Chairman of the Board
- Independent Director
- Chairman of RC
- Members of AC and NC
Role and responsibilities Carry out the responsibilities of Vice Chairman of the Board, Independent Director, Chairman of RC and Members of AC and 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) -United Industrial Corporation Ltd (CEO)
-Singapore Land Limited (CEO)
Present - Moneylenders Pte Ltd (Director)
- Gallant Venture Ltd (Chairman)
- Interra Resources Limited (Independent Director)

Investor Relations