Retirement of Independent Director

Related Announcements


Change – Announcement of Cessation::Retirement of Independent Director
Issuer/ Securities
Stapled Security No
Announcement Details
Announcement Title Change – Announcement of Cessation
Date & Time of Broadcast 26-Jun-2020 21:33:09
Status New
Announcement Sub Title Retirement of Independent Director
Announcement Reference SG200626OTHRA963
Submitted By Liew Guat Yi
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Retirement of Mr Khoo Boo Teck Randolph as an Independent Director of the Company.
Additional Details
Name of Person Khoo Boo Teck Randolph
Age 56
Is effective date of cessation known? Yes
If yes, please provide the date  26/06/2020
Detailed Reason (s) for cessation Mr Khoo Boo Teck Randolph retired from office by rotation pursuant to Regulation 91 of the Constitution of the Company, upon the conclusion of the Company’s annual general meeting held on 26 June 2020.
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 07/01/2013
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)  4
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.) Independent Director, Chairman of Nominating Committee, Member of Remuneration Committee and Audit Committee.
Role and responsibilities Duties of an Independent Director, Chairman of Nominating Committee, Member of Remuneration Committee and Audit 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?  No
Past (for the last 5 years) Nil
 Present (1) Drew & Napier LLC
(2) JKSM Investments Pte Ltd