公告
Change - Announcement Of Resignation Of Non-Executive And Lead Independent Director
返回27/09/2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 27, 2022 19:57 |
| Status | New |
| Announcement Sub Title | RESIGNATION OF NON-EXECUTIVE AND LEAD INDEPENDENT DIRECTOR |
| Announcement Reference | SG220927OTHR34U9 |
| Submitted By (Co./ Ind. Name) | Ren Letian |
| Designation | Executive Director & Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Mr Teo Yi-dar ("Mr Teo") as the Non-Executive and Lead Independent Director. |
| Additional Details | |
| Name Of Person | TEO YI-DAR |
| Age | 52 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 27/09/2022 |
| Detailed Reason (s) for cessation | Mr Teo Yi-dar ("Mr Teo") resigned as the Non-Executive and Lead Independent Director of the Company to devote more time to his other work commitments. |
| 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 Teo Yi-dar's resignation, the Board will be looking to appoint new Independent Director and/or review 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 | 28/07/2006 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Lead Independent Director, Chairman of Nominating and Remuneration Committees and Member of Audit Committee |
| 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? | Yes |
| Shareholding Details | 150,000 Ordinary Shares in Yangzijiang Shipbuilding (Holdings) Ltd. |
| Past (for the last 5 years) | Asia Vets Holdings Ltd. AVH Animal Ark Pte Ltd Beijing Denox Environment & Technology Co., Ltd. China Yuanbang Property Holdings Limited Denox Environmental & Technology Holdings Limited HG Construction Steel Pte Ltd HG Metal Distribution Sdn Bhd HG Metal Investments Pte Ltd HG Metal Manufacturing Ltd HG Metal Manufacturing Sdn Bhd HG Metal Pte Ltd Jin Heng Li Hardware Sdn Bhd Niho (Singapore) Pte Ltd Oriental Metals Pte Ltd Penyao Environmental Protection Co., Ltd. PT Hg Metal Distribution Indonesia Sin Heng Heavy Machinery Limited Sirius Vega Pte Ltd W Capital Markets Pte Ltd Yangzijiang Shipbuilding (Holdings) Ltd. TEE International Limited Value Plus Investment Limited Bayston Investments Limited Guotaiqixing Biomedical International (Singapore) Pte Ltd TPSC Asia Group Holdings Limited Motto Auction Pte Ltd |
| Present | Aldersgate Holdings Limited Altair Capital (I) Ltd Altair Capital Advisors Pte Ltd Altair Capital General Partner Ltd Altair Fund (I) Pte. Ltd. Auriga Centaurus Pte Ltd Beijing Denox Environment & Technology Co., Ltd. Ciena Enterprises Limited Clear Vision Ventures Limited Fortune Knight International Limited Gold Future Investment Limited Hongyin Resources (Hk) Co Limited Kenyon Group (Asia) Pte Ltd Kenyon Group Limited Myghty (Yangon) Limited Myghty Holdings Pte Ltd Springhaven Holdings Limited Seavi Advent Asia Investments (III) Ltd Top Rich Investment Limited TPSC Asia Pte Ltd TPSC Holdings Pte Ltd Tramore Global Limited United Hope Pte Ltd |