Change - Announcement of Cessation::RETIREMENT OF MRS EILEEN TAY-TAN BEE KIEW AS LEAD INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
JASON MARINE GROUP LIMITED
Securities
JASON MARINE GROUP LIMITED - SG1Y80949072 - 5PF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Jul-2024 19:22:54
Status
New
Announcement Sub Title
RETIREMENT OF MRS EILEEN TAY-TAN BEE KIEW AS LEAD INDEPENDENT DIRECTOR
Announcement Reference
SG240709OTHRS1FW
Submitted By (Co./ Ind. Name)
FOO CHEW TUCK
Designation
EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("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 Ms. Lee Khai Yinn (Telephone no.: (65) 6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Additional Details

Name Of Person
Eileen Tay-Tan Bee Kiew
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
25/07/2024
Detailed Reason (s) for cessation
Mrs Eileen Tay-Tan Bee Kiew ("Mrs Eileen Tay") will be retiring from office upon the conclusion of the Annual General Meeting of the Company to be held on Thursday, 25 July 2024. She will also be relinquishing her position as Lead Independent Director, Chairperson of the Audit and Risk Committee as well as a member of the Nominating Committee and Remuneration Committee.

After having interviewed Mrs Eileen Tay, and to the best of its knowledge, the Company's Sponsor, SAC Capital Private Limited, is satisfied that, save as disclosed in this announcement, there are no material reasons for the retirement of Mrs Eileen Tay as the Lead Independent 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?
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
15/09/2009
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)
3
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.)
- Lead Independent Director
- Chairperson of the Audit and Risk Committee
- Member of the Nominating Committee
- Member of the Remuneration Committee
Role and responsibilities
Lead Independent Director, Chairperson of the Audit and Risk Committee as well as a member of the 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
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
- Sunningdale Tech Ltd
- Singapore Kitchen Equipment Ltd
Present
Nil