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

Issuer & Securities

Issuer/ Manager
VICOM LTD
Securities
VICOM LTD - SG1C06012761 - V01
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Apr-2018 17:27:24
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director
Announcement Reference
SG180424OTHR3L3E
Submitted By (Co./ Ind. Name)
Chan Wan Tak, Wendy
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Ong Teong Wan as an Independent Non-Executive Director

Additional Details

Name Of Person
Ong Teong Wan
Age
79
Is effective date of cessation known?
Yes
If yes, please provide the date
24/04/2018
Detailed Reason (s) for cessation
Mr Ong Teong Wan retired as an Independent Non-Executive Director at the conclusion of the Company's Annual General Meeting held on 24 April 2018 in support of the Company's board renewal plan.
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
29/07/1983
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Member of the Audit & Risk Committee and Member of the Nominating Committee.
Role and responsibilities
As above.
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?
Yes
Shareholding Details
VICOM Ltd
40,000 shares
Past (for the last 5 years)
Nil
Present
- LTC Corporation Ltd *
- ManagementWise (International) Pte Ltd

*Listed Company