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

Issuer & Securities

Issuer/ Manager
KHONG GUAN LIMITED
Securities
KHONG GUAN LIMITED - SG1E13001268 - K03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Nov-2017 16:13:49
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director
Announcement Reference
SG171128OTHR17ST
Submitted By (Co./ Ind. Name)
Koe Eng Chuan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Non-Executive Director.

Additional Details

Name Of Person
Sam Teng Choong
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
28/11/2017
Detailed Reason (s) for cessation
Mr Sam Teng Choong who did not seek re-election as a director of the Company at the Annual General Meeting of the Company held on 28 November 2017, ceased to be a director, member of the Audit Committee and Remuneration Committee.
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
03/10/2007
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.)
Independent Director
Member of Audit Committee
Member of Remuneration Committee
Role and responsibilities
Independent Director
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)
None
Present
None