News
Change - Announcement Of Retirement Of Independent Non-Executive Director
BackApr 19, 2017
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 19, 2017 18:48 |
| Status | New |
| Announcement Sub Title | RETIREMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR |
| Announcement Reference | SG170419OTHRFZU2 |
| Submitted By (Co./ Ind. Name) | Vincent Lim Hui Eng |
| Designation | Executive Chairman and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Independent Non-Executive Director |
| Additional Details | |
| Name Of Person | David Chia Tian Bin |
| Age | 61 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 19/04/2017 |
| Detailed Reason (s) for cessation | Due to other personal commitments, Mr David Chia Tian Bin voluntary retired from office and did not seek for re-election to the office of Director at the Annual General Meeting of the Company held on 19 April 2017. He shall cease as the Chairman of the Audit Committee as well as a member of the Remuneration Committee with effect from the same date. |
| 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 | 03/08/2005 |
| 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) | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Non-Executive Director, Chairman of the Audit Committee and member of the Remuneration Committee. |
| Role and responsibilities | Responsibilities as Independent Non-Executive Director, Chairman of the Audit Committee and member of the Remuneration Committee. |
| 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) MR Advisors Pte Ltd 2) Jasper Investments Limited |
| Present | 1) AXIA Equity Pte Ltd 2) CSC Nutrigenomics Pte. Limited 3) Popular Holdings Limited |