News
27 Apr 2018
Change - Announcement Of Retirement Of An Independent Director Who Is The Chairman Of The Audit Committee
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 27, 2018 23:50 |
| Status | New |
| Announcement Sub Title | Retirement of an Independent Director who is the Chairman of the Audit Committee |
| Announcement Reference | SG180427OTHR2WQG |
| Submitted By (Co./ Ind. Name) | Fang Ming |
| Designation | Executive Chairman and Group CEO |
| Description (Please provide a detailed description of the event in the box below) | Announcement of Retirement of an Independent Director who is the Chairman of the Audit Committee. |
| Additional Details | |
| Name Of Person | Lim Yeow Hua @ Lin You Qin |
| Age | 56 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 27/04/2018 |
| Detailed Reason (s) for cessation | Mr Lim Yeow Hua @ Lin You Qin is subject to retirement pursuant to Article 90 of the Company's Constitution and did not wish to seek re-election due to personal commitment. Accordingly, he retired at the conclusion of the Annual General Meeting and stepped down as the Lead Independent Director and Chairman of the Audit and Nominating Committees. |
| 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 | 11/05/2017 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 1 |
| 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 and Chairman of the Audit and Nominating Committees. |
| 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 | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | (1) Advanced Integrated Manufacturing Corp Ltd (2) Great Group Holdings Limited (3) China Minzhong Food Corporation Limited (4) Eratat Lifestyle Limited (5) Fujian Minzhong Co. Ltd. |
| Present | (1) Accrelist Ltd. (2) Asia Pacific Business Consultants Pte Ltd (3) Global Business Management Services Pte Ltd (4) KSH Holdings Limited (5) KTL Global Limited (6) Oxley Holdings Limited (7) Select Medical Services Ltd |