Change - Announcement Of Resignation Of Toh Hock Ghim As Independent Director
BackJan 10, 2019
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jan 10, 2019 19:18 |
| Status | New |
| Announcement Sub Title | Resignation of Toh Hock Ghim as Independent Director |
| Announcement Reference | SG190110OTHR6KA3 |
| Submitted By (Co./ Ind. Name) | Lim Kok Meng |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Hong Leong Finance Limited, for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Tang Yeng Yuen, Vice President, Head of Corporate Finance who can be contacted at 16 Raffles Quay, #01-05, Hong Leong Building, Singapore 048581, Telephone: (65) 6415 9886. |
| Additional Details | |
| Name Of Person | Toh Hock Ghim |
| Age | 75 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 09/01/2019 |
| Detailed Reason (s) for cessation | To pursue his personal career and other interests. The Company's sponsor, Hong Leong Finance Limited, after having interviewed Mr Toh Hock Ghim, is not aware of any other material reasons for the resignation of Mr Toh Hock Ghim as the Independent Director. |
| 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 | 01/04/2016 |
| 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 | 5 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director, AC Member, NC Chairman and RC Chairman |
| Role and responsibilities | Non-executive |
| 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? | No |
| Past (for the last 5 years) | Kinergy Limited We Holdings Ltd JK Integrated Pte Ltd JK Projects Ltd Lifebrandz Ltd. AGV Group Limited |
| Present | Equation Energy Pte Ltd Equation Recycling Pte Ltd NUHS Fund Limited Precious Treasure Pte Ltd trading as the Fullerton Hotel The Singapore International School Foundation Limited DiSa Limited FDG Kinetic Limited CEFG International Limited |