Change - Announcement of Cessation::Retirement of Non-executive Independent Director

Issuer & Securities

Issuer/ Manager
LUM CHANG HOLDINGS LIMITED
Securities
LUM CHANG HOLDINGS LIMITED - SG1E20001293 - L19
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Oct-2024 19:36:24
Status
New
Announcement Sub Title
Retirement of Non-executive Independent Director
Announcement Reference
SG241024OTHRPQKT
Submitted By (Co./ Ind. Name)
Yap Lay Hoon/Wong Yi
Designation
Company Secretaries
Effective Date and Time of the event
24/10/2024 19:40:00
Description (Please provide a detailed description of the event in the box below)
Retirement of Non-executive Independent Director

Additional Details

Name Of Person
Willie Lee Leng Ghee
Age
77
Is effective date of cessation known?
Yes
If yes, please provide the date
24/10/2024
Detailed Reason (s) for cessation
Dr Willie Lee Leng Ghee has not sought re-election pursuant to Rule 210(5)(d)(iv) of the Listing Manual of the SGX-ST and has retired as a Non-executive Independent Director at the conclusion of the Annual General Meeting held on 24 October 2024.
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
28/02/2006
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director of the Company
Chairman of Nominating Committee
Member of Audit and Risk Committee
Member of Remuneration Committee
Role and responsibilities
Assumed the duties of the Independent Director, Chairman of the Nominating Committee and member of the Audit and Risk 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)
Nil
Present
Nil