Change - Announcement Of Cessation Of Non-Independent Non-Executive Director
BackDec 12, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Dec 12, 2024 19:36 |
| Status | New |
| Announcement Sub Title | Cessation of Non-Independent Non-Executive Director |
| Announcement Reference | SG241212OTHRPRTB |
| Submitted By (Co./ Ind. Name) | NG SOOK HWA |
| Designation | CHIEF FINANCIAL OFFICER |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Non-Independent Non-Executive Director - Mr. Chik Wai Chiew |
| Additional Details | |
| Name Of Person | Chik Wai Chiew |
| Age | 52 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 12/12/2024 |
| Detailed Reason (s) for cessation | Mr. Chik will step down from his role as a Non-Independent Non-Executive Director of the Company due to his Cessation as Chief Executive Officer and Executive Director of Heritas Capital Management Pte. Ltd.. |
| 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 | 14/08/2017 |
| 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) | 3 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 6 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Independent Non-Executive Director |
| Role and responsibilities | Non-Independent Non-Executive Director |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | (1) Oriental Wisdom International Holdings Pte. Ltd. (2) Akcome International Asset Management (Singapore) Pte. Ltd. (3) Hummingbird Bioscience Holdings Limited (4) The Gentle Group Pte. Ltd. (5) KKT Technology Pte. Ltd. (6) Bedrock Healthcare Sdn Bhd (7) Mestika Unik Sdn Bhd (8) Uniglo Enterprise Sdn. Bhd. (9) Eminent Rock Sdn. Bhd. (10) Well Circle Sdn. Bhd. |
| Present | (1) Heritas Capital Management Pte. Ltd. (2) Heritas Helios Investments Pte. Ltd. (3) Heritas Helios Investments II Pte. Ltd. (4) Heritas Venture Fund Pte. Ltd. (5) Heritas Global Funds Investment Pte. Ltd. (6) Heritas Capital VCC (7) JCS Venture Lab Pte. Ltd. (8) Empire Healthcare Pte. Ltd. (9) Alchemy Foodtech Pte. Ltd. (10) Azendian Holding Pte.Ltd. (11) Caretech Inc Pte. Ltd. (12) Saravita Holdings Sdn Bhd (13) BHL Education Joint Stock Company (14) Rai and Rohl Technologies, Inc. (15) Holmusk Corporation |