News
Change - Announcement Of Retirement Of Independent Director
BackApr 04, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 4, 2024 9:09 |
| Status | New |
| Announcement Sub Title | Retirement of Independent Director |
| Announcement Reference | SG240404OTHRJ4FT |
| Submitted By (Co./ Ind. Name) | Lee Hock Heng |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Independent Director |
| Additional Details | |
| Name Of Person | Vince Feng |
| Age | 51 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 25/04/2024 |
| Detailed Reason (s) for cessation | Mr Vince Feng will be retiring as an Independent Director of the Company at the conclusion of the Annual General Meeting to be held on 25 April 2024 as his tenure as independent director has exceeded the 9-year limit set under Listing Rule 210(5)(d)(iv). Following his retirement, Mr Feng will cease to be a member of each of the Risk Governance Committee (RGC) and Board Investment Committee (BIC). |
| 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 | 01/03/2008 |
| 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) | 1 |
| 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, RGC member and BIC member |
| Role and responsibilities | Independent Director, RGC member and BIC member |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | None |
| Present | Pacific Century Premium Developments Limited |