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

Issuer & Securities

Issuer/ Manager
HOTUNG INVESTMENT HLDGS LTD
Securities
HOTUNG INVESTMENT HLDGS LTD - BMG4612P2085 - BLS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Apr-2024 17:32:04
Status
New
Announcement Sub Title
Cessation as Non-Executive Director
Announcement Reference
SG240408OTHR7HUB
Submitted By (Co./ Ind. Name)
Hsin-Chieh Chung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see details below.

Additional Details

Name Of Person
Pi-Tien Chen
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
23/04/2024
Detailed Reason (s) for cessation
Ms. Pi-Tien Chen indicated her intention not to seek re-election, and to accordingly retire as Director of the Company at the conclusion of the Annual General Meeting of the Company on 23 April 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
17/02/2022
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Eminent III Venture Capital Corporation / Non-Executive Director
Riselink Venture Capital Corp. / Non-Executive Director
HanTech Venture Capital Corporation / Non-Executive Director
Universal Venture Capital Investment Corporation / Non-Executive Director
Mega Growth Venture Capital Co., Ltd. / Non-Executive Director
Grand Cathay Venture Capital Co., Ltd. / Non-Executive Director
Present
Mega Management Consulting Corporation / Non-Executive Director
Next Commercial Bank Co., Ltd. / Non-Executive Director
Overseas Investment & Development Corp. / Non-Executive Director