Change - Announcement of Cessation::Resignation of Independent Non-Executive Director - Huong Wei Beng

Issuer & Securities

Issuer/ Manager
SINGAPORE SHIPPING CORPORATION LIMITED
Securities
SINGAPORE SHIPPING CORP LTD - SG1J24887775 - S19
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Jan-2024 18:49:23
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director - Huong Wei Beng
Announcement Reference
SG240131OTHROVF3
Submitted By (Co./ Ind. Name)
Derek Goh Yong Sian
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Huong Wei Beng ("Mr Huong") as Independent Non-Executive Director who is Chairman of Audit and Risk Management Committee and member of Remuneration Committee of the Company

Additional Details

Name Of Person
Huong Wei Beng
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
01/02/2024
Detailed Reason (s) for cessation
To focus on and devote more time to family commitments and personal interests
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
27/07/2018
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)
2
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 Audit and Risk Management Committee and Member of Remuneration Committee
Role and responsibilities
Roles and responsibilities of Independent Non-Executive Director, Chairman of Audit and Risk Management Committee and Member of 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)
Directorships:
Nil

Other Principal Commitments:

1. Novus Corporate Finance Pte. Ltd.
2. 3 Peaks Capital Private Limited
Present
Directorships:
Nil

Other Principal Commitments:

1.Heta Management