Change - Announcement of Cessation::Resignation of Mr Thomas Chun Pai as Non-Executive Non-Independent Director

Issuer & Securities

Issuer/ Manager
VCPLUS LIMITED
Securities
VCPLUS LIMITED - SG1CG7000002 - 43E
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Jul-2024 17:56:58
Status
New
Announcement Sub Title
Resignation of Mr Thomas Chun Pai as Non-Executive Non-Independent Director
Announcement Reference
SG240712OTHRTV4A
Submitted By (Co./ Ind. Name)
Tang Zhengming
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Thomas Chun Pai as Non-Executive Non-Independent Director.

This announcement has been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Thomas Chun Pai
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
12/07/2024
Detailed Reason (s) for cessation
Mr Thomas Chun Pai ("Mr Pai") has tendered his resignation due to health matters and other commitments.

Based on its enquiries, the Company's sponsor, UOB Kay Hian Private Limited is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Pai as Non-Executive Non-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
21/11/2023
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
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Non-Independent Director, Member of AC, NC and RC
Role and responsibilities
Non-Executive Non-Independent Director, Member of AC, NC and RC
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?
No
Past (for the last 5 years)
Omnibridge Holdings Limited
Present
Nil