Change - Announcement of Cessation::Resignation of Lead Independent Director, AC Chairman, and NC and RC members - Mr Geoffrey Yeoh

Issuer & Securities

Issuer/ Manager
GLOBAL TESTING CORPORATION LIMITED
Securities
GLOBAL TESTING CORPORATION LTD - SG1BB4000008 - AYN
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Dec-2021 17:56:06
Status
New
Announcement Sub Title
Resignation of Lead Independent Director, AC Chairman, and NC and RC members - Mr Geoffrey Yeoh
Announcement Reference
SG211230OTHRAPQY
Submitted By (Co./ Ind. Name)
Chen Tie-Min
Designation
Senior Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Yeoh Seng Huat Geoffrey as the Lead Independent Director of the Company, Chairman of the Audit Committee ("AC"), and a member of the Nominating Committee ("NC") and the Remuneration Committee ("RC") with effect from 31 December 2021.

Additional Details

Name Of Person
Yeoh Seng Huat Geoffrey
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2021
Detailed Reason (s) for cessation
As stated on page 17 of the Company s annual report for the financial year ended 31 December 2020, Mr Yeoh Seng Huat Geoffrey ("Mr Yeoh") has served on the Board beyond 9 years from the date of his first appointment. Taking into consideration the progressive refreshing of the Board, the Company has identified a suitable candidate who possesses the appropriate expertise and experience that best suit the needs of the Company to fill the vacancy of the office of Mr Yeoh who will be stepping down from the Board on 31 December 2021.
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
30/04/2007
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)
1
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.)
Lead Independent Director, Chairman of the AC, and a member the NC and the RC.
Role and responsibilities
Assumed the roles and responsibilities of the Lead Independent Director, Chairman of the AC, and a member the NC and the 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)
Hoe Leong Corporation Ltd
World Class Global Limited
Present
Nil