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

Issuer & Securities

Issuer/ Manager
GP INDUSTRIES LIMITED
Securities
GP INDUSTRIES LIMITED - SG1C12012995 - G20
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Jan-2024 18:04:02
Status
New
Announcement Sub Title
Resignation of Non-Executive Independent Director
Announcement Reference
SG240131OTHREZ6I
Submitted By (Co./ Ind. Name)
Lee Tiong Hock
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement on the resignation of Mr Christopher Lau Kwan ("Mr Lau") as a Non-Executive Independent Director of the Company with effect from 31 January 2024.

Additional Details

Name Of Person
Christopher Lau Kwan
Age
43
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2024
Detailed Reason (s) for cessation
Mr Christopher Lau Kwan has resigned as a Non-Executive Independent Director of the Company. He will be taking up an advisory role in Gold Peak Technology Group Limited, the immediate holding company 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?
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
01/04/2020
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.)
Non-Executive Independent Director, Member of each Audit and Risk Committee, Nominating Committee and Remuneration Committee.
Role and responsibilities
Non-Executive Independent Director, Member of each Audit and Risk Committee, Nominating Committee and Remuneration Committee.
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)
eCargo Holdings Limited - Non-Executive Director
Present
XK Capital Limited - Managing Director
Hong Kong Chinese Importers' & Exporters' Association - Director