Change - Announcement of Cessation::ANNOUNCEMENT ON CESSATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
SINGAPORE PAINCARE HOLDINGS LIMITED
Securities
SINGAPORE PAINCARE HOLDINGS LIMITED - SGXE51400773 - FRQ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Oct-2022 18:43:28
Status
New
Announcement Sub Title
ANNOUNCEMENT ON CESSATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference
SG221007OTHRXIUA
Submitted By (Co./ Ind. Name)
Dr. Lee Mun Kam Bernard
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Chong Weng Hoe as Independent Non-Executive Director.


This announcement has been prepared by the Company and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the 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 Mr. Pong Chen Yih, Chief Operating Officer, at 7 Temasek Boulevard, #18-03B Suntec Tower 1, Singapore 038987, telephone (65) 6950 2188.

Additional Details

Name Of Person
Chong Weng Hoe
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
27/10/2022
Detailed Reason (s) for cessation
Mr Chong will be retiring under Regulation 97 of the Company's constitution at the forthcoming Annual General Meeting to be held on 27 October 2022 and will be stepping down as Chairman of Remuneration Committee and member of the Audit Committee and Nominating Committee. He will not be seeking re-election due to personal and family commitments.

After having interviewed Mr. Chong Weng Hoe and to the best of its knowledge, the Company's sponsor, Novus Corporate Finance Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no material reasons for the cessation of Mr. Chong Weng Hoe as the Independent Non-executive 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
17/06/2020
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)
3
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.)
Chairman of Remuneration Committee
Member of the Audit Committee and Nominating Committee
Role and responsibilities
Independent Non-Executive Director
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)
Please refer to the attached.
Present
Please refer to the attached.

Attachments

Chong Weng Hoe-Directorships.pdf
Total size =33K