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

Issuer & Securities

Issuer/ Manager
JAWALA INC.
Securities
JAWALA INC. - MYA013922002 - 1J7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Nov-2024 07:29:41
Status
New
Announcement Sub Title
Retirement of Independent Non- Executive Director
Announcement Reference
SG241108OTHR0ZQB
Submitted By (Co./ Ind. Name)
Datuk Jema Khan
Designation
Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Non-Executive Director.

This announcement has been reviewed by UOB Kay Hian Private Limited (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone no. (65) 6590 6881.

Additional Details

Name Of Person
Faridah Binti Mohd. Fuad Stephens
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
25/11/2024
Detailed Reason (s) for cessation
Ms Faridah Binti Mohd. Fuad Stephens ("Ms Faridah") is retiring from her directorship in the Company at the close of the Annual General Meeting on 25 November 2024 to facilitate board renewal process and focus on her personal commitments.

Based on its enquiries, the Company's Sponsor, UOB Kay Hian Private Limited, is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Ms Faridah as the Independent Non-Executive Director of 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
27/04/2018
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)
1
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.)
Independent Non-Executive Director

Chairperson of the Remuneration Committee

Member of the Nominating Committee

Member of the Audit Committee
Role and responsibilities
Duties as an Independent Director, Chairperson of the Remuneration Committee, and a member of each of the Audit Committee and Nominating Committee respectively
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?
No
Past (for the last 5 years)
Board member of Pusat Kebajikan Good Shepherd (which later became a company limited by guarantee named Good Shepherd Services)
Present
Please refer to the Annexure "A" attached.

Attachments

Annexure A.pdf
Total size =91K