Change - Announcement of Cessation::Cessation of Mr Paolo Maximo Borromeo as an Alternate Director to Mr Fernando Zobel de Ayala

Issuer & Securities

Issuer/ Manager
YOMA STRATEGIC HOLDINGS LTD.
Securities
YOMA STRATEGIC HOLDINGS LTD - SG1T74931364 - Z59
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Aug-2021 07:33:09
Status
New
Announcement Sub Title
Cessation of Mr Paolo Maximo Borromeo as an Alternate Director to Mr Fernando Zobel de Ayala
Announcement Reference
SG210802OTHRCKCR
Submitted By (Co./ Ind. Name)
Melvyn Pun
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Paolo Maximo Francisco Borromeo ("Mr Paolo Borromeo") as an Alternate Director to Mr Fernando Miranda Zobel de Ayala ("Mr Fernando Zobel de Ayala")

Additional Details

Name Of Person
Paolo Maximo Francisco Borromeo ("Mr Paolo Borromeo")
Age
43
Is effective date of cessation known?
Yes
If yes, please provide the date
02/08/2021
Detailed Reason (s) for cessation
Mr Fernando Zobel de Ayala resigned as a Non-Independent Non-Executive Director of the Company with effect from 2 August 2021. Accordingly, Mr Paolo Borromeo ceased as an Alternate Director to Mr Fernando Zobel de Ayala.
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
15/06/2020
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Alternate Director to Mr Fernando Zobel de Ayala
Role and responsibilities
Alternate Director to Mr Fernando Zobel de Ayala
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)
Not applicable.
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