公告
Change - Announcement Of Retirement Of Lead Independent Non-Executive Director
返回25/04/2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 25, 2024 19:50 |
| Status | New |
| Announcement Sub Title | Retirement of Lead Independent Non-Executive Director |
| Announcement Reference | SG240425OTHR3YMP |
| 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 Mr Chen Timothy Teck Leng as Lead Independent Non-Executive Director |
| Additional Details | |
| Name Of Person | Chen Timothy Teck Leng |
| Age | 70 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 25/04/2024 |
| Detailed Reason (s) for cessation | Pursuant to Rule 210(5)(d)(iv) of the Listing Manual of the Singapore Exchange Securities Trading Limited, Mr. Chen Timothy Teck Leng ("Mr. Chen") will cease to be considered independent after the conclusion of annual general meeting. As such, Mr. Chen has retired at the AGM. Accordingly, Mr. Chen has ceased to be the Lead Non-Executive Director, Chairman of Audit and Risk Committee, a member of Nominating Committee and a member of Remuneration Committee. |
| 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 | 26/04/2013 |
| 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 | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Lead Independent Non-Executive Director, Chairman of ARC, a member of NC and a member of RC |
| 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 | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | 1. Tianjin Zhongxin Pharmaceutical Group Corporation Ltd. 2. Sysma Holdings Limited 3. CCB Life Insurance Company Limited 4. Boldtek Holdings Ltd |
| Present | 1. Tye Soon Ltd. |