Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
XMH HOLDINGS LTD.
Securities
XMH HOLDINGS LTD. - SG1CF5000006 - BQF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Aug-2024 18:15:07
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG240807OTHR3I7B
Submitted By (Co./ Ind. Name)
Tan Tin Yeow
Designation
Chairman and Managing Director
Description (Please provide a detailed description of the event in the box below)
Retirement of Lead Independent Director

Mr. Hong Pian Tee ("Mr. Hong") shall retire as the Lead Independent Director of the Company at the conclusion of the Annual General Meeting of the Company to be held on 28 August 2024. Co-terminus with his retirement, his various appointments as the Chairman of the Remuneration Committee, and as a member of the Audit Committee and the Nominating Committee shall also cease.

Additional Details

Name Of Person
Hong Pian Tee
Age
79
Is effective date of cessation known?
Yes
If yes, please provide the date
28/08/2024
Detailed Reason (s) for cessation
Mr. Hong shall retire at the conclusion of the Annual General Meeting of the Company to be held on 28 August 2024 pursuant to the nine-year tenure limit for Independent Directors.

The Company will release an updated announcement on the composition of the Board and Board committees respectively when it has been finalised.
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
27/10/2010
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.)
Lead Independent Director, Chairman of the Remuneration Committee, and a member of the Audit Committee and the Nominating Committee
Role and responsibilities
Roles and responsibilities of Lead Independent Director, Chairman of the Remuneration Committee, and a member of the Audit Committee and the Nominating 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?
Yes
Shareholding Details
Direct Interest: 651,750 ordinary shares
Past (for the last 5 years)
Pei Hwa Foundation Limited
Sinarmas Land Limited
Yanlord Land Group Limited
Present
Hyflux Ltd (in liquidation)
YHI International Limited