Change - Announcement of Cessation::Resignation of Executive Director

Issuer & Securities

Issuer/ Manager
BRC ASIA LIMITED
Securities
BRC ASIA LIMITED - SG1BG3000008 - BEC
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Apr-2022 17:53:35
Status
New
Announcement Sub Title
Resignation of Executive Director
Announcement Reference
SG220419OTHRVBNT
Submitted By (Co./ Ind. Name)
Lee Chun Fun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Executive Director

Additional Details

Name Of Person
Darrell Lim Chee Lek
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2022
Detailed Reason (s) for cessation
The Company received a formal notification from Mr Darrell Lim Chee Lek for his resignation as Executive Director of the Company due to his personal commitment, i.e. to devote more time to personal investments and to pursue other interests.

He will cease to be an Executive Director of the Company on 30 April 2022 and will be appointed as a Non-Independent and Non-Executive Director with effect from 1 May 2022.
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
14/02/2019
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.)
Executive Director
Role and responsibilities
Mr Lim is responsible for the corporate and capital market strategies of the Group.
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)
Nil
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