Change - Announcement of Cessation::Cessation of Lau Ping Sum Pearce as Independent Director

Issuer & Securities

Issuer/ Manager
SUNPOWER GROUP LTD.
Securities
SUNPOWER GROUP LTD. - BMG8585U1027 - 5GD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2024 18:27:53
Status
New
Announcement Sub Title
Cessation of Lau Ping Sum Pearce as Independent Director
Announcement Reference
SG240425OTHRRHFQ
Submitted By (Co./ Ind. Name)
Ma Ming
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Lau Ping Sum Pearce as Independent Director

Additional Details

Name Of Person
Lau Ping Sum Pearce
Age
84
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2024
Detailed Reason (s) for cessation
Retire pursuant to Bye-Laws of the Company and in light of Rule 210(5)(d)(iv) of the Listing Manual of Singapore Exchange Trading Limited.
Mr Lau did not seek re-election at the Annual General Meeting held on 25 April 2024.
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
02/02/2005
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)
0
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.)
Chairman of Remuneration Committee, Member of Audit Committee and Nominating Committee
Role and responsibilities
Independent 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
Past (for the last 5 years)
1997 - 2020: Independent Director, Huan Hsin Holdings Ltd (Listed on Singapore Exchange)
2019 - 2023: Independent Director, Non-Executive Chairman of the Board, H2G Green Limited (Listed on Singapore Exchange)
Present
2002 - Present: Independent Director, Cortina Holdings Limited (Listed on Singapore Exchange)
2005 - Present: Member, Singapore Institute of Directors
2008 - Present: Member, Programme Advisory Committee for BA Translation and Interpretation
2008 - Present: Examiner, Certification Examination for Professional Interpreters, School of Arts and Social Sciences, Singapore University of Social Sciences
2008 - Present: Member of the Singapore University of Social Sciences Programme Advisory Committee for BA Translation and Interpretation
2020 - Present: Chairman of the Singapore University of Social Sciences Programme Advisory Committee for BA Translation and Interpretation