Announcement Title | Change - Announcement of Cessation |
Date & Time of Broadcast | Apr 28, 2022 17:31 |
Status | New |
Announcement Sub Title | Retirement of a Non-Executive Director |
Announcement Reference | SG220428OTHR2LVJ |
Submitted By (Co./ Ind. Name) | Devika Rani Davar |
Designation | Company Secretary |
Description (Please provide a detailed description of the event in the box below) | Announcement of Retirement of a Non-Executive Director |
Additional Details | |
Name Of Person | Koh Lee Boon |
Age | 77 |
Is effective date of cessation known? | Yes |
If yes, please provide the date | 28/04/2022 |
Detailed Reason (s) for cessation | After a long and remarkable tenure as a Director, Mr Koh Lee Boon has decided to retire from the Board. Accordingly, at the Company's Annual General Meeting held on 28 April 2022, Mr Koh elected not to seek re-election upon his retirement by rotation. Following his retirement, Mr Koh will cease to be a member of the Company's Audit & Risk 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 | 01/08/1996 |
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) | 5 |
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 3 |
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) |
Non-Executive Director Member, Audit & Risk Committee |
Role and responsibilities | As above |
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? | Yes |
Shareholding Details | 3,000 ordinary shares in Venture Corporation Limited |
Past (for the last 5 years) | NIL |
Present | NIL |
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Disclaimer
Venture Corporation Ltd. published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 09:34:08 UTC.