Change - Announcement of Cessation::Cessation of Independent Director - Saw Meng Tee

Issuer & Securities

Issuer/ Manager
SOUP RESTAURANT GROUP LIMITED
Securities
SOUP RESTAURANT GROUP LIMITED - SG1U97935860 - 5KI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2019 17:42:22
Status
New
Announcement Sub Title
Cessation of Independent Director - Saw Meng Tee
Announcement Reference
SG190425OTHRKTRY
Submitted By (Co./ Ind. Name)
Chong In Bee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director - Saw Meng Tee

Additional Details

Name Of Person
Saw Meng Tee
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2019
Detailed Reason (s) for cessation
Mr Saw Meng Tee has served on the board of directors of the Company for more than nine years since 2007. He has decided to resign as a director of the Company as he intends to join the board of directors of another company listed on the mainboard of the Singapore Exchange Securities Trading Limited and wants to avoid any potential conflict of interests.
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
23/03/2007
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and the Remuneration Committee
Role and responsibilities
Non-executive
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?
Yes
Shareholding Details
Mr Saw Meng Tee holds 300,000 shares in the Company.
Past (for the last 5 years)
EisnerAmper Global Limited
Present
EA Corporate Advisory Pte. Ltd.
EisnerAmper PAC
Green First Consulting Pte. Ltd.
Latitude 33 Pte. Ltd.
Nouveau Urban Technologies Pte. Ltd.