Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
MEWAH INTERNATIONAL INC.
Securities
MEWAH INTERNATIONAL INC. - KYG6074A1085 - MV4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Apr-2024 18:18:18
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG240426OTHR72J7
Submitted By (Co./ Ind. Name)
Rajesh Shroff
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Director - Dr Foo Say Mui (Bill)

Additional Details

Name Of Person
Foo Say Mui (Bill)
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2024
Detailed Reason (s) for cessation
Dr Foo Say Mui (Bill) ("Dr Foo"), a Non-Executive and Independent Director of Mewah International Inc. (the "Company"), will be retiring upon the conclusion of the Annual General Meeting on 26 April 2024 and will not be seeking re-election. Dr Foo was first appointed to the Board on 28 April 2015 and has served nearly 9 years on the Mewah Board.

Dr Foo will cease to be the Lead Independent Director, Chairman of each of the Nominating Committee and Remuneration Committee.

The Board and Management of Mewah would like to express their gratitude to Dr Foo for his invaluable contributions to the Board and 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
28/04/2015
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)
2
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 each of the Remuneration Committee and Nominating Committee.
Role and responsibilities
Non- Executive
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?
No
Past (for the last 5 years)
1) Unigestion Asia Pte Ltd
2) IC Power Pte. Ltd.
3) Heartware Network (Chairman)
Present
1) Tung Lok Restaurants (2000) Ltd
2) M&C REIT Management Ltd & M&C Business Trust Management Ltd
3) Tower Capital Asia Pte Ltd
4) Business Circle Singapore Pte Ltd
5) Kenon Holdings Ltd
6) The International Institute for Strategic Studies (Asia) Ltd ("IISS" Asia) as Trustee for the Strategic Studies Fund
7) Investible Funds VCC
8) Agrocorp International Pte Ltd