| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jun 10, 2020 17:25 |
| Status | New |
| Announcement Sub Title | Retirement of Non-Executive and Non-Independent Director |
| Announcement Reference | SG200610OTHRFAZE |
| Submitted By (Co./ Ind. Name) | Teo Hwee Ping |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr James L. Go as Non-Executive and Non-Independent Director. |
| Additional Details | |
| Name Of Person | James L. Go |
| Age | 81 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 10/06/2020 |
| Detailed Reason (s) for cessation | Mr James L. Go, who retired by rotation pursuant to Article 94 of the Co's Constitution, decided not to seek re-election at the Co's AGM held today. He retired as a Non-Independent Director and ceased to be a Member of the Audit Committee, Nominating Committee and Remuneration Committee. |
| 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 | 28/05/1999 |
| 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) | 6 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive and Non-Independent Director, Member of the Audit Committee, Remuneration Committee and Nominating Committee. |
| Role and responsibilities | Non-Executive and Non-Independent Director, Member of Audit Committee, Remuneration Committee and Nominating Committee. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Mr James L. Go is the uncle of Mr Lance Yu Gokongwei. |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Nil |
| Present | Please see attached Appendix A |
Attachments
