Change - Announcement of Cessation::Stepping Down of Non-Executive Independent Director (also Chairman of RC)

Issuer & Securities

Issuer/ Manager
JARDINE CYCLE & CARRIAGE LIMITED
Securities
JARDINE CYCLE & CARRIAGE LTD - SG1B51001017 - C07
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Mar-2022 08:03:40
Status
New
Announcement Sub Title
Stepping Down of Non-Executive Independent Director (also Chairman of RC)
Announcement Reference
SG220329OTHR9PTP
Submitted By (Co./ Ind. Name)
Jeffery Tan Eng Heong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Stepping Down of Non-Executive Independent Director who is also Chairman of the Remuneration Committee

Additional Details

Name Of Person
Michael Kok
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2022
Detailed Reason (s) for cessation
Mr Michael Kok has served as a Director of Jardine Cycle & Carriage Limited for an aggregate period of nine years and is stepping down as part of the Board renewal and succession 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
01/04/2013
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)
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.)
Non-Executive Independent Director, Chairman of the Remuneration 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?
No
Past (for the last 5 years)
- Dairy Farm International Holdings Limited *
- KPK & Son Realty Pte Ltd
- SATS Yihai Kerry Kunshan Food Co., Ltd.
- SATS Yihai Kerry (Lanfang) Food Co., Ltd.

* public listed company
Present
- Mapletree North Asia Commercial Trust Management Ltd
- SATS Ltd *

* public listed company