Investor Relations
News
Change - Announcement Of Resignation Of An Independent Director
BackOct 18, 2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Oct 18, 2022 7:24 |
| Status | New |
| Announcement Sub Title | RESIGNATION OF AN INDEPENDENT DIRECTOR |
| Announcement Reference | SG221018OTHRLCSD |
| Submitted By (Co./ Ind. Name) | Lim Say Chin |
| Designation | Executive Chairman and Managing Director |
| Description (Please provide a detailed description of the event in the box below) | Please refer to the information below. This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document. The contact person for the Sponsor is Mr Joseph Au, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg. |
| Additional Details | |
| Name Of Person | ELAINE BEH PUR-LIN |
| Age | 56 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/10/2022 |
| Detailed Reason (s) for cessation | Ms Elaine Beh Pur-Lin ("Ms Beh") resigned as the Independent Director of the Company ("Resignation") to pursue personal interests and to facilitate board renewal. Following the Resignation, Ms Beh will also cease to be the Chairman of the Nominating Committee, a member of the Audit Committee and the Remuneration Committee of the Company. After having interviewed Ms Beh and to the best of its knowledge, the Sponsor is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Ms Beh as the Independent Director 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 | 16/03/2016 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director, Chairman of the Nominating Committee and a member of the Audit Committee and the Remuneration Committee |
| 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 | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | Direct Interest - 50,000 shares |
| Past (for the last 5 years) | Sanli Environmental Limited |
| Present | Directorship: - Audience Analytics Limited - Mun Siong Engineering Limited Other Principal Commitments: - Consultant, RHTLaw Asia LLP |