16 Feb 2022
Change - Announcement Of Resignation Of Independent Director
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Feb 16, 2022 17:28 |
| Status | New |
| Announcement Sub Title | Resignation of Independent Director |
| Announcement Reference | SG220216OTHRHAAO |
| 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 Independent Director, Chairman of the Nominating Committee, and a Member of the Audit Committee and Remuneration Committee. |
| Additional Details | |
| Name Of Person | Hoon Chee Wai |
| Age | 53 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/03/2022 |
| Detailed Reason (s) for cessation | Mr Hoon will take an executive role as the Chief Operating Officer 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 | 29/04/2021 |
| 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) | 2 |
| 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.) | Independent Director, Chairman of the Nominating Committee, and a Member of the Remuneration Committee and Audit 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? | No |
| Past (for the last 5 years) | Autumnglow Pte. Ltd. Fynthesize Pte. Ltd. Happy Bay Pte. Ltd. Dajoga Consulting Ltd Landing Jeju Development Co., Ltd Landing Resorts Philippines Development Corporation |
| Present | Kinergy Corporation Ltd Tee International Limited Yongmao Holdings Ltd MJF Capital Pte. Ltd. Taurus Point Capital Pte. Ltd. The Property Market Pte. Ltd. |