Announcement Title | Change - Announcement of Cessation |
Date & Time of Broadcast | Feb 17, 2023 17:20 |
Status | New |
Announcement Sub Title | Cessation As Chairman of the Audit and Risk Committee |
Announcement Reference | SG230217OTHRUMYR |
Submitted By (Co./ Ind. Name) | Neo Teck Pheng |
Designation | Group Chief Executive Officer and Executive Director |
Description (Please provide a detailed description of the event in the box below) | Cessation of Mr Yee Chia Hsing ("Mr Yee") as Chairman of the Audit and Risk Committee with effect from 15 March 2023. Mr Yee will remain as Lead Independent Director and a member of the Nominating Committee. |
Additional Details | |
Name Of Person | Yee Chia Hsing |
Age | 51 |
Is effective date of cessation known? | Yes |
If yes, please provide the date | 15/03/2023 |
Detailed Reason (s) for cessation | Rotation of chairmanship of Audit and Risk Committee. |
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 |
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 0 |
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Lead Independent Director, Chairman of Audit and Risk Committee and a member of the Nominating Committee. |
Role and responsibilities | Responsibilities as an Independent Non-Executive Director of the Company. |
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 | - 690,900 ordinary shares in the listed issuer - 28 W240530 warrants exercisable into ordinary shares of the listed issuer |
Past (for the last 5 years) | Ezion Holdings Limited - Independent Director |
Present | Datapulse Technology Limited - Executive Director |