News

Change - Announcement Of Cessation Of Mr Lim Yeow Hua @ Lim You Qin As Independent Director

BackJul 16, 2024

Announcement Title	Change - Announcement of Cessation
Date & Time of Broadcast	Jul 16, 2024 8:03
Status	New
Announcement Sub Title	Cessation of Mr Lim Yeow Hua @ Lim You Qin as Independent Director
Announcement Reference	SG240716OTHREGSU
Submitted By (Co./ Ind. Name)	Ong Beng Hong
Designation	Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)	Cessation of Mr Lim Yeow Hua @ Lim You Qin as Independent Director
Additional Details
Name Of Person	Lim Yeow Hua @ Lim You Qin
Age	62
Is effective date of cessation known?	Yes
If yes, please provide the date	31/07/2024
Detailed Reason (s) for cessation	Pursuant to Article 89 of the Company's constitution, Mr Lim Yeow Hua @ Lim You Qin ("Mr Lim") is one of the Directors to retire by rotation at the annual general meeting to be held on 31 July 2024 ("AGM"). To facilitate Board renewal, Mr Lim has indicated that he will not be seeking re-election at the AGM. Accordingly, Mr Lim will cease to be a Director of the Company at 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	18/12/2006
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.)	Lead Independent Director, Chairman of the Audit and Risk Committee, Member of the Nominating Committee and Remuneration Committee
Role and responsibilities	The appointment is non-executive.
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	302,500 shares
Past (for the last 5 years)	KTL Global Limited Accrelist Limited Revez Corporation Ltd Singapore Women's & Children's Medical Group Pte Ltd Prestige Biopharma Pte. Ltd.
Present	NauticAWT Limited Oxley Holdings Limited Moneymax Financial Services Ltd Mencast Holdings Ltd Q & M Dental Group (Singapore) Limited Eratat Lifestyle Limited (in liquidation)