Change - Announcement of Cessation::Retirement of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
NATURAL COOL HOLDINGS LIMITED
Securities
NATURAL COOL HOLDINGS LIMITED - SG1T36930298 - 5IF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Feb-2023 17:26:53
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director
Announcement Reference
SG230203OTHRZNIF
Submitted By (Co./ Ind. Name)
Tsng Joo Peng
Designation
Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company s sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms Lim Hui Ling, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
Goh Teck Sia
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2023
Detailed Reason (s) for cessation
Mr Goh Teck Sia will retire as an Independent Non-Executive Director of the Company on 27 April 2023 to pursue personal commitments such as his involvement in voluntary work with the Singapore Police Retirees' Association. Further to Mr Goh's retirement as an Independent Non-Executive Director, he will also relinquish his position as Chairman of the Board and Remuneration Committee, as well as Member of the Audit and Risk Committee and the Nominating Committee.

After having interviewed Mr Goh and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no material reasons for the retirement of Mr Goh as the Independent Director of the Company.
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
08/02/2017
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the Board and Remuneration Committee, Member of the Audit and Risk Committee and Nominating Committee
Role and responsibilities
The role and responsibilities as Independent Non-Executive Director, Chairman of the Board and Remuneration Committee, Member of the Audit and Risk Committee, Member of the Nominating 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)
Blue Ocean RAS Pte. Ltd.
Present
Nil