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

Issuer & Securities

Issuer/ Manager
STAMFORD LAND CORPORATION LTD
Securities
STAMFORD LAND CORPORATION LTD - SG1I47882655 - H07
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Jul-2015 20:32:58
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director
Announcement Reference
SG150730OTHRNY5O
Submitted By (Co./ Ind. Name)
Chua Siew Hwi
Designation
Deputy Chief Executive Officer / Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Non-Executive Director

Additional Details

Name Of Person
Tan Chin Nam
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
30/07/2015
Detailed Reason (s) for cessation
Dr. Tan Chin Nam retired at the conclusion of the Company's Annual General Meeting held today, and although eligible, did not seek re-election at the end of his tenure.
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
04/01/2008
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)
1
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 Non-Executive Director
Role and responsibilities
Chairman of the Remuneration Committee and member of the Audit Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
N/A
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Sino-Singapore Guangzhou Knowledge City Investment and Development Co., Ltd
PSA International Pte Ltd
Present
Yeo Hiap Seng Limited
Raffles Education Corporation Ltd
Gallant Venture Ltd