Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
BROOK CROMPTON HOLDINGS LTD.
Securities
BROOK CROMPTON HOLDINGS LTD. - SG1AI8000001 - AWC
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Apr-2025 07:16:05
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG250411OTHRIEI0
Submitted By (Co./ Ind. Name)
Pang Xinyuan
Designation
Non-Independent Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Director - Mr. Chao Mun Leong

Additional Details

Name Of Person
Chao Mun Leong
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2025
Detailed Reason (s) for cessation
Mr. Chao Mun Leong ("Mr. Chao") will be retiring as an Independent Director of the Company at the conclusion of the Annual General Meeting to be held on 28 April 2025 in order to facilitate Board renewal in line with the good governance ("Retirement"). Following the Retirement, Mr. Chao will also cease to be the Chairman of the Audit Committee, and a member of the Nominating Committee and Remuneration Committee.

In light of Mr. Chao's retirement, the Company is seeking suitable candidates to fill the vacancy. The Company will release an announcement(s) on the updated Board and the respective Board Committee's composition when they have been finalised.
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
01/07/2016
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
1
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 Director, Chairman of the Audit Committee, a member of the Nominating Committee and Remuneration Committee
Role and responsibilities
Assumed the roles and responsibility of an Independent Director, Chairman of the Audit Committee, and a member of the Nominating Committee and Remuneration Committee
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
Other Directorships
Past (for the last 5 years)
- Caytech International LLP
- Advisory Consultant to the CEO office of Wolong Electric Group Co., Ltd.
Present
- Profit Velocity Solutions LLC, USA