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

Issuer & Securities

Issuer/ Manager
NSL LTD.
Securities
NSL LTD. - SG1F87001375 - N02
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2024 23:00:58
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director
Announcement Reference
SG240429OTHR9VK6
Submitted By (Co./ Ind. Name)
Lim Su-Ling
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Non-Executive Director

Additional Details

Name Of Person
John Koh Tiong Lu
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2024
Detailed Reason (s) for cessation
As part of the Board renewal process, Mr John Koh Tiong Lu stepped down from the Board upon the conclusion of the 64th Annual General Meeting of the Company held on 29 April 2024. He also stepped down and relinquished his office/position as Chairman of the Audit Committee, a member of the Nominating Committee and a member of the Remuneration Committee.
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
30/01/2003
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)
2
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 and Independent Director
Chairman of Audit Committee
Member of Remuneration Committee
Member of Nominating Committee
Role and responsibilities
Non-Executive and Independent
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
Other Directorships
Past (for the last 5 years)
NSL Ltd;
Mapletree Industrial Trust Management Ltd;
Bernard Quaritch Limited;
Brandmine Properties Limited;
Arbutus International Limited;
BMH Management Pte Ltd;
Singapore National Library;
KrisEnergy Limited;
Global Counsel Asia Pte Ltd;
Wormholes Information Network Pte Ltd;
Aurora Mobile Limited;
Athenex Inc;
Mapletree Industrial Fund Ltd
Present
Bernard Quaritch Limited;
Brandmine Properties Limited;
Arbutus International Limited;
BMH Management Pte Ltd;
Global Counsel Asia Pte Ltd;
Wormholes Information Network Pte Ltd;
Aurora Mobile Limited;
Asian Civilizations Museum