11 Nov 2021
Change - Announcement Of Resignation Of Senior Vice President
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Nov 11, 2021 18:43 |
| Status | New |
| Announcement Sub Title | Resignation of Senior Vice President |
| Announcement Reference | SG211111OTHR5VOP |
| Submitted By (Co./ Ind. Name) | Josephine Toh |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Senior Vice President |
| Additional Details | |
| Name Of Person | Tan Kok Seng |
| Age | 56 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/01/2022 |
| Detailed Reason (s) for cessation | To explore other interests. The Board wishes to record their sincere appreciation to Mr Tan for his contributions to the Group during his tenure with 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 | 01/04/2021 |
| 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.) | Senior Vice President |
| Role and responsibilities | Mr Tan is responsible for all matters relating to the corporate development and investment activities of the Company including corporate governance, valuations, partnerships, mergers and acquisitions, joint ventures, divestments and growth initiatives. |
| 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) | N.A. |
| Present | Inno Tech Pte. Ltd. |