Change - Announcement of Cessation::Announcement of Cessation of Non-Executive Lead Independent Director, Mr Tan Kok Hiang

Issuer & Securities

Issuer/ Manager
LHT HOLDINGS LIMITED
Securities
LHT HOLDINGS LIMITED - SG1BG5000006 - BEI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2024 19:46:42
Status
New
Announcement Sub Title
Announcement of Cessation of Non-Executive Lead Independent Director, Mr Tan Kok Hiang
Announcement Reference
SG240429OTHR7YR4
Submitted By (Co./ Ind. Name)
Yap Mui Kee
Designation
Managing Director
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Non-Executive Lead Independent Director, Mr Tan Kok Hiang

Additional Details

Name Of Person
Tan Kok Hiang
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2024
Detailed Reason (s) for cessation
After having served on the Board for more than twenty-four (24) years, Mr Tan Kok Hiang stepped down from office at the conclusion of the Company's Annual General Meeting held on 29 April 2024.

Mr Tan Kok Hiang will, upon his cessation, relinquish his roles as the Chairman of the Audit and Risk Committee, Remuneration Committee and Member of the Nominating Committee.

The Board and Management sincerely thank Mr Tan Kok Hiang for his invaluable contributions during his tenure with the Company.
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
01/07/1999
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)
4
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.)
Non-Executive Lead Independent Director, Chairman of the Audit and Risk Committee, Remuneration Committee and Member of the Nominating Committee.
Role and responsibilities
Responsibilities of Non-Executive Lead Independent Director, Chairman of the Audit and Risk Committee, Remuneration Committee and Member of 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
10,000 shares in LHT Holdings Limited
Past (for the last 5 years)
(a) 21 May 1999 to 31 Dec 2023 Enviro-Hub Holdings Ltd - Non-Executive Independent Director
Present
(a) 25 Sep 1997 to Present - Transit-Mixed Concrete Ltd - Non-Executive Chairman Independent Director

(b) 2 Mar 2012 to Present - ICP Limited (Formerly known as Goldtron Limited) - Non Executive Chairman Independent Director