SGX Announcements
Change - Announcement Of Retirement Of Independent Non-Executive Director - Yee Chia Hsing
BackApr 25, 2024
| 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 - Yee Chia Hsing |
| Announcement Reference | SG240425OTHRZ611 |
| 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 Mr Yee Chia Hsing as the Lead Independent Director and 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 | Yee Chia Hsing |
| Age | 52 |
| 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, Mr Yee Chia Hsing retired from the Board as the Lead 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 |
| 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 and a Member of Nominating Committee. |
| Role and responsibilities | Lead Independent Director and a Member of Nominating 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 - 690,900 ordinary shares - 28 warrants (2019) |
| Past (for the last 5 years) | Ezion Holdings Limited Datapulse Technology Limited |
| Present | Ren Ci Hospital Beng Kuang Marine Limited Zhongmin Baihui Retail Group Ltd. |