News| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | May 4, 2020 23:57 |
| Status | New |
| Announcement Sub Title | Resignation of Independent Non-Executive Director |
| Announcement Reference | SG200504OTHR2XL1 |
| Submitted By (Co./ Ind. Name) | Kevin Cho |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Independent Non-Executive Director |
| Additional Details | |
| Name Of Person | Kelvin Tan Wee Peng |
| Age | 55 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 11/06/2020 |
| Detailed Reason (s) for cessation | Mr Kelvin Tan Wee Peng has tendered his resignation as an Independent Non-executive Director of the Company on 4 May 2020. His last day of service is 11 June 2020. Following his resignation, he will cease to be Chairman of the Audit and Risk Committee and a member of the Nominating and Remuneration Committee of the Company. The Board of Directors expressed its gratitude and appreciation to Mr Kelvin Tan Wee Peng for his invaluable contributions during his tenure as an Independent Non-executive Director 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 | 06/11/2017 |
| 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 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Non-executive director, Chairman of the Audit and Risk Committee and a member of the Nominating and Remuneration Committee of the Company. |
| Role and responsibilities | Independent Non-executive director, Chairman of the Audit and Risk Committee and a member of the Nominating and Remuneration Committee of the Company. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | MARSHAL SYSTEMS PTE. LTD. GREAT WALL MAJESTIC PTE. LTD. CITISTATE CAPITAL PTE. LTD. M! CAPITAL VENTURES PTE. LTD. ACCRELIST LTD ASERO WORLDWIDE PTE. LTD. ASIA BUSINESS DEVELOPMENT PTE. LTD. SHANGHAI TURBO ENTERPRISES LTD. APERIO TECHNOLOGY PTE. LTD. TRANSCORP HOLDINGS LIMITED GOLDEN EQUATOR CAPITAL PTE. LTD. NL CONSULTING PTE. LTD. GBE HOLDINGS PTE. LTD. DBE CONSULTING PTE. LTD. GBE INVESTMENT PTE. LTD. |
| Present | UNUSUAL LTD ORIENTAL STRAITS FUND II-D CAYMAN ISLANDS IREIT GLOBAL GROUP PTE LTD YK MANAGEMENT PTE LTD VIKING OFFSHORE AND MARINE LTD SABANA REAL ESTATE INVESTMENT MANAGEMENT PTE LTD ISCA PTE LTD ATT(S) PTE LTD EAGLE HOSPITALITY BUSINESS TRUST MANAGEMENT PTE LTD EAGLE HOSPITALITY REIT MANAGEMENT PTE LTD GLOBAL INVESTMENTS LIMITED USP GROUP LIMITED CLOUD.COM PTE LTD |
