Change - Announcement of Cessation::Cessation of Director

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS BANK LIMITED
Securities
UNITED OVERSEAS BANK LIMITED - SG1M31001969 - U11
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Mar-2021 18:48:44
Status
New
Announcement Sub Title
Cessation of Director
Announcement Reference
SG210331OTHRNFLB
Submitted By (Co./ Ind. Name)
Joyce Sia
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Director

Additional Details

Name Of Person
Lim Hwee Hua
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2021
Detailed Reason (s) for cessation
As part of the Board's ongoing renewal and succession plan, Mrs Lim Hwee Hua will be stepping down as a Director of United Overseas Bank Limited (Company) at the conclusion of the Company's Annual General Meeting to be held on 30 April 2021.
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
01/07/2014
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)
7
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
Role and responsibilities
Member of Executive Committee, Nominating Committee, and Remuneration and Human Capital 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)
-
Present
Refer to Annex 1

Attachments

Annex 1.pdf
Total size =8K