04/25/2024 | Press release | Distributed by Public on 04/25/2024 05:13
SGX Announcements
Announcement Title | Change - Announcement of Cessation |
Date & Time of Broadcast | Apr 25, 2024 19:05 |
Status | New |
Announcement Sub Title | Retirement of Independent Non-Executive Director - Ting Ping Ee Joan Maria |
Announcement Reference | SG240425OTHRH6V2 |
Submitted By (Co./ Ind. Name) | Neo Teck Pheng |
Designation | Executive Director and Chief Executive Officer |
Description (Please provide a detailed description of the event in the box below) | Retirement of Ms Ting Ping Ee Joan Maria as Independent Non-Executive Director of the Company at the conclusion of the Annual General Meeting of the Company, held on 25 April 2024 ("AGM"). |
Additional Details | |
Name Of Person | Ting Ping Ee Joan Maria |
Age | 68 |
Is effective date of cessation known? | Yes |
If yes, please provide the date | 25/04/2024 |
Detailed Reason (s) for cessation | As part of the Board renewal process, Ms Ting Ping Ee Joan Maria retired from the Board as an Independent Director of the Company upon the conclusion of the AGM. |
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 | 19/05/2014 |
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) | 3 |
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director, Chairperson of the Nominating Committee and a member of the Remuneration Committee and the Audit and Risk Committee. |
Role and responsibilities | Independent Director, Chairperson of the Nominating Committee and a member of the Remuneration Committee and the Audit and Risk 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 |
First Sponsor Group Limited 233,837 ordinary shares |
Past (for the last 5 years) | Nil |
Present |
Grand Union Holdings and Investments Incorporated - Independent Non-Executive Director |