Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
FU YU CORPORATION LIMITED
Securities
FU YU CORPORATION LTD - SG1B56010922 - F13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Apr-2021 07:02:41
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG210405OTHR9V9A
Submitted By (Co./ Ind. Name)
Kong Wei Fung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Foo Say Tun as Independent Non-Executive Director who is Chairman of Nominating Committee and Member of Audit and Remuneration Committees

Additional Details

Name Of Person
Foo Say Tun
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2021
Detailed Reason (s) for cessation
To pursue other interests.
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
27/11/2007
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.)
Independent Director, Chairman of Nominating Committee and member of Audit Committee and Remuneration Committee
Role and responsibilities
Assumed the roles and responsibilities of an Independent Director, Chairman of Nominating Committee and Audit Committee and 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)
Qingmei Group Holdings Limited
Sino Techfibre Limited
Jubilee Industries Holdings Limited
Present
Moneymax Financial Services Limited
Eurosports Global Limited
Aquapro Solutions Pte. Ltd.
DynaGen Power Systems Pte. Ltd.
Ioni Water Pte. Ltd.
M Grade Services Pte Ltd
Business Foundation Pte Ltd

Other Principal Commitments:
ZWEEC Analytics Pte. Ltd.