Change - Announcement of Cessation::Resignation of Independent Director
Issuer & Securities
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast03-Apr-2018 19:16:19
Announcement Sub TitleResignation of Independent Director
Announcement ReferenceSG180403OTHRTSUV
Submitted By (Co./ Ind. Name)Deng Zelin
DesignationExecutive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)Resignation of Independent Director
Additional Details
Name Of PersonYeung Koon Sang @ David Yeung
Is effective date of cessation known?Yes
If yes, please provide the date31/03/2018
Detailed Reason (s) for cessationMr David Yeung has served on the Board for more than 9 years and is stepping down to allow a progressive refreshing of the Board members.
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 position17/09/2004
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)1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)(a) Lead Independent Director
(b) Audit Committee Chairman
(c) Member of Nominating Committee
(d) Member of Remuneration Committee
Role and responsibilitiesRoles and responsibilities as a Lead Independent Director, Audit Committee Chairman, Nominating and Remuneration Committees member.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNo
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)Nil
Present(a) Mary Chia Holdings Limited
(b) AEI Corporation Ltd
(c) Southern Packaging Group Ltd
(d) Citic Envirotech Ltd
(e) CNA Group Ltd (under Judicial Management)
(f) Kreston David Yeung PAC