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

Issuer & Securities

Issuer/ Manager
REGAL INTERNATIONAL GROUP LTD.
Securities
REGAL INTERNATIONAL GROUP LTD. - SG1AE0000008 - UV1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Feb-2021 21:43:16
Status
New
Announcement Sub Title
Announcement of Cessation of Non-Executive Director
Announcement Reference
SG210208OTHRPIMA
Submitted By (Co./ Ind. Name)
Su Chung Jye
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Low Yew Shen as Non-Executive Director

Additional Details

Name Of Person
Low Yew Shen
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
24/02/2021
Detailed Reason (s) for cessation
Mr Low Yew Shen, who was due to retire at the Company's Annual General Meeting ("AGM") pursuant to Regulation 89 of
the Constitution of the Company, did not seek for re-election as a Director at the conclusion of the AGM.
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
29/10/2014
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Role and responsibilities
Non-Executive Director
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?
Yes
Shareholding Details
Direct interest of 6,389,000 shares in the Company
Past (for the last 5 years)
1. Resources Prima Group
Limited
2. Riseanew Pte. Ltd.
3. Elitaire Asia Pte. Ltd.
4. River Valley Sanctuary Pte. Ltd.
5. Dublin Property Pte. Ltd.
6. Energy Prima Pte. Ltd.
7. RPG Trading Pte. Ltd.
8. Cresco Holdings Pte. Ltd.
9. E-Margo Holding Pte. Ltd.
10. Cresco Investments Pte. Ltd.
11. AB Investment Centre (Singapore) Pte. Ltd.
12. Cresco Markets Pte. Ltd.
13. Allied Technologies Holdings Pte. Ltd.
14. Cass Pte. Ltd.
15. Magna Prima Berhad
Present
1. AA Property and Management Pte. Ltd.
2. Regal International
Holdings Pte. Ltd.
3. Regal International
Investments Pte. Ltd.
4. Regalis Investments Pte.
Ltd.
5. Advanco Investments Pte. Ltd.
6. Emergo Solutions Pte. Ltd.
7. Safe Implant Singapore Pte. Ltd.
8. Green Fertilizer Singapore Pte. Ltd.
9. Grandis Consultancy Pte. Ltd.