News
Change - Announcement Of Retirement Of Independent Non-Executive Director - Mr Thanathip Vidhayasirinun
BackApr 23, 2026
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 23, 2026 17:19 |
| Status | New |
| Announcement Sub Title | Retirement of Independent Non-Executive Director - Mr Thanathip Vidhayasirinun |
| Announcement Reference | SG260423OTHRTDI3 |
| 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 Mr Thanathip Vidhayasirinun as an Independent Non-Executive Director. |
| Additional Details | |
| Name of person | Thanathip Vidhayasirinun |
| Age | 59 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date. | 23/04/2026 |
| Detailed reason(s) for cessation | Mr Thanathip Vidhayasirinun has retired as an Independent Non-Executive Director of the Company at the conclusion of the Annual General Meeting held on 23 April 2026, as his tenure as an independent director has exceeded the 9-year limit set under Rule 210(5)(d)(iv) of the Listing Manual of the Singapore Exchange Securities Trading Limited. Following his retirement, Mr Vidhayasirinun also ceased to be the Chairman of the Audit Committee ("AC") and the Nominating and Remuneration Committee ("NRC") of the Company. |
| 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 | 04/08/2016 |
| Job title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Non-Executive Director, AC Chairman and NRC Chairman |
| Role and responsibilities | Independent Non-Executive Director, AC Chairman and NRC Chairman |
| 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) | 2 |
| Do independent directors make up at least one-third of the board (taking into account this cessation)? | Yes |
| Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 0 |
| Shareholding interest in the listed issuer and its subsidiaries | No |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Other Directorships Past (for the last 5 years) |
Nil |
| Present | 1. Director and Chief Executive Officer of Sage Capital Limited 2. Independent Director of Stecon Group Public Company Limited 3. Independent Director of Thai Paiboon Insurance Plc. |