Change - Announcement of Cessation::Retirement of Non-Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
JAWALA INC. - MYA013922002 - 1J7
Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Nov-2023 07:13:40
Announcement Sub Title
Retirement of Non-Independent Non-Executive Director
Announcement Reference
Submitted By (Co./ Ind. Name)
Datuk Jema Khan
Description (Please provide a detailed description of the event in the box below)
This Retirement of Non-Independent Non-Executive Director announcement has been reviewed by UOB Kay Hian Private Limited (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Nadja Binti Jema Khan
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Ms Nadja Binti Jema Khan ("Ms Nadja") is retiring from her directorship in the Company at the close of the Annual General Meeting of the Company on 28 November 2023 ("AGM"), to focus on her personal commitments.

Based on its enquiries, the Company's Sponsor, UOB Kay Hian Private Limited, is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Ms Nadja as a Non-Independent Non-Executive Director of 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Non-Executive Director of the Company
Role and responsibilities
Duties as a Non-Independent Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
(1) Granddaughter of Tan Sri Abdul Majid Khan, Substantial Shareholder;
(2) Daughter of Datuk Jema Anton Khan, Non-Independent Non-Executive Chairman;
(3) Second Cousin to Mr Abdul Rahman Khan Bin Hakim Khan, Executive Director and CEO; and
(4) Sibling of Mr Muaz Bin Jema Khan, proposed Non-Independent Non-Executive Director, to be appointed at the AGM.
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Jaycorp Bhd.
Executive Director and Group Chief Financial Officer from October 2018 to November 2019
Jaycorp Bhd.
Non-Independent Non-Executive Director