公告
Change - Announcement Of Retirement Of Non-Independent Non-Executive Director
返回18/04/2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 18, 2022 20:08 |
| Status | New |
| Announcement Sub Title | Retirement of Non-Independent Non- Executive Director |
| Announcement Reference | SG220418OTHRNPE4 |
| Submitted By (Co./ Ind. Name) | Ren Letian |
| Designation | Executive Chairman and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Non-Independent Non- Executive Director |
| Additional Details | |
| Name Of Person | Xu Wen Jiong |
| Age | 73 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 18/04/2022 |
| Detailed Reason (s) for cessation | Retirement pursuant to Regulation 94 of the Company's Constitution and not seeking re-election as he has served on Board as a Non-Independent Non-Executive Director from financial year 2014 to financial year 2021 (both years inclusive). This will facilitate Board renewal. |
| 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? | Yes |
| If Yes, Please provide full details | With Mr Xu Wen Jiong's retirement, the Board will be looking to appoint a new Independent Director and/or reviewing the current composition to ensure that the composition of the Board and Board Committees comply with the Code of Corporate Governance. |
| Date of Appointment to current position | 30/04/2014 |
| 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 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Independent Non-Executive Director and Member of Nominating, Remuneration and Audit Committees. |
| Role and responsibilities | Duties and responsibilities as stipulated in the Listing Manual of Singapore Exchange Securities Trading Limited and Terms of Reference of Board Committees. |
| 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. WEST GOLD INTERNATIONAL (PTE) LTD 2. WEST GOLD INTERNATIONAL (PTE) LTD, HONG KONG |