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Change - Announcement Of Cessation Of Independent Director
Apr 26, 2019
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| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | CESSATION OF INDEPENDENT DIRECTOR |
| Securities | PACIFIC RADIANCE LTD. (PRL) PACIFIC RAD S$100M4.3%N190930 (PACRAN19) |
| Date & Time of Broadcast | Apr 26, 2019 17:54 |
| Submitted By | PANG YOKE MIN EXECUTIVE CHAIRMAN |
| Description | Cessation of Ms. Ooi Chee Kar who is an Independent Director. |
| Cessation Details | |
| Name of person | Ooi Chee Kar |
| Age | 64 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Apr 26, 2019 |
| Detailed reason(s) for cessation | Retirement by rotation as director at AGM. |
| 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 | Oct 28, 2013 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this 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 | 1 |
| Job Title | Independent Director and a member of Nominating and Audit Committees |
| Role and responsibilities | Duties as Independent Director and a member of Nominating and Audit Committees |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Nil |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Past (for the last 5 years) | None |
| Present | Singapore Eye Research Institute AusGroup Limited Tokio Marine Life Insurance Singapore Ltd. Tokio Marine Insurance Singapore Ltd. Singapore Pools (Private) Limited |
