Change - Announcement of Cessation::RETIREMENT OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
HO BEE LAND LIMITED
Securities
HO BEE LAND LIMITED - SG1H41875896 - H13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2016 17:09:24
Status
New
Announcement Sub Title
RETIREMENT OF INDEPENDENT DIRECTOR
Announcement Reference
SG160428OTHR3DSK
Submitted By (Co./ Ind. Name)
Tan Sock Kiang
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
RETIREMENT OF INDEPENDENT DIRECTOR

Additional Details

Name Of Person
Tan Keng Boon
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2016
Detailed Reason (s) for cessation
Mr Tan Keng Boon, an independent director of the Company due for retirement by rotation under Article 104 of the Company's Constitution at the Annual General Meeting of the Company held on 28 April 2016 (AGM), did not seek re-election. Accordingly, Mr Tan retired as a director at the conclusion of the AGM and ceased to be the lead independent director, the chairman of the Nominating Committee and a member of the Audit & Risk 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
12/11/1999
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director
Chairman of the Nominating Committee
Member of the Audit & Risk Committee
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
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
500,000 shares of Ho Bee Land Limited
Past (for the last 5 years)
Please refer to the attached List of Directorships.
Present
Please refer to the attached List of Directorships.

Attachments

TKB_List_of_Directorships.pdf
Total size =8K