News
Change - Announcement Of Resignation Of Lead Independent Non-Executive Director - Sin Boon Ann
BackMar 27, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Mar 27, 2024 7:11 |
| Status | New |
| Announcement Sub Title | Resignation of Lead Independent Non-Executive Director - Sin Boon Ann |
| Announcement Reference | SG240327OTHRRCWE |
| Submitted By (Co./ Ind. Name) | John d'Abo |
| Designation | Executive Vice Chairman |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Sin Boon Ann ("Mr Sin") as Lead Independent Non-Executive Director |
| Additional Details | |
| Name Of Person | Sin Boon Ann |
| Age | 66 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 25/04/2024 |
| Detailed Reason (s) for cessation | Mr Sin has served on the Board of Directors (the "Board") for more than ten years since his appointment as Director of the Company on 26 June 2013. As part of the board renewal process, Mr Sin has tendered his resignation as Director of the Company and will be stepping down as Lead Independent Director of the Company with effect from 25 April 2024. Concurrently, he will relinquish his position as Chairman of the Nominating and Remuneration Committees and member of the Audit Committee with effect from 25 April 2024. |
| 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 | 26/06/2013 |
| 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) | 3 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Lead Independent Non-Executive Director, Chairman of Nominating and Remuneration Committees and Member of Audit Committee |
| Role and responsibilities | Roles and responsibilities as Lead Independent Non-Executive Director, Chairman of Nominating and Remuneration Committees and Member of Audit Committee |
| 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? | Yes |
| Shareholding Details | 900,000 ordinary shares (representing 0.07% shareholding interest) in Rex International Holding Limited |
| Past (for the last 5 years) | Directorships and Other Principal Commitments - Singapore Centre for Social Enterprise Ltd. - HRnet Group Limited - SE Hub Ltd. - Datapulse Technology Limited - At-Sunrice GlobalChef Academy Pte. Ltd. |
| Present | Directorships and Other Principal Commitments - Balkan Holdings Pte. Ltd. - The Farrer Park Company Pte. Ltd. - W Capital Markets Pte. Ltd. - At-Sunrice (Holdings) Pte. Ltd. - Esseplore Pte. Ltd. - Tampines Central Community Foundation Limited - Sarine Technologies Ltd - The Trendlines Group Ltd - Healthway Medical Corporation Limited - TIH Limited - OUE Limited - CSE Global Limited - Drew & Napier LLC |