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

Issuer & Securities

Issuer/ Manager
FRASER AND NEAVE LIMITED.
Securities
FRASER AND NEAVE, LIMITED - SG1T58930911 - F99
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Mar-2023 21:11:57
Status
New
Announcement Sub Title
Cessation of Non-Independent and Non-Executive Director
Announcement Reference
SG230317OTHRT4OB
Submitted By (Co./ Ind. Name)
Samuel Lee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Independent and Non-Executive Director.

Additional Details

Name Of Person
Khunying Wanna Sirivadhanabhakdi
Age
79
Is effective date of cessation known?
Yes
If yes, please provide the date
17/03/2023
Detailed Reason (s) for cessation
The Board of Directors of the Issuer (together with its subsidiaries, the "Group"), announces with regret that our Vice-Chairman Khunying Wanna Sirivadhabhakdi passed away peacefully on 17 March 2023. Khunying Wanna was a non-independent and non-executive Director of the Issuer.

On behalf of all staff of the Group, the Board expresses its deepest condolences and conveys its sympathies to the Chairman of the Board, Mr Charoen Sirivadhanabhakdi, and his family. The Board also expresses its heartfelt gratitude for the invaluable contribution to the Group by Khunying Wanna during her tenure as Vice-Chairman of the Issuer.

Please also refer to the attached joint press statement from Thai Beverage Public Company Limited ("ThaiBev"), Frasers Property Limited ("FPL") and the Issuer, for more information. ThaiBev and FPL are respectively, a substantial shareholder and a related corporation of the Issuer.
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
28/02/2013
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Vice-Chairman of the Board
Role and responsibilities
As above
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Khunying Wanna was an immediate family member of:

- Mr Charoen Sirivadhanabhakdi, the Chairman of the Board who is also a substantial shareholder of the Issuer, and
- Mr Thapana Sirivadhanabhakdi, a non-independent and non-executive Director of the Issuer.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interest in:
- 1,270,503,884 shares in the Issuer, and
- 203,470,910 shares in Fraser & Neave Holdings Bhd, a Bursa Malaysia-listed subsidiary of the Issuer
Past (for the last 5 years)
Listed company
Big C Supercenter Public Company Limited
(Delisted from the Stock Exchange of Thailand on 20 September 2017)

Others
Beer Thip Brewery (1991) Co., Ltd. (Chairman)
North Park Golf and Sports Club Co., Ltd. (Vice-Chairman)
Southeast Corporation Co., Ltd. (formerly known as Southeast Group Co., Ltd.) (Vice-Chairman)
Present
Listed companies
Asset World Corp Public Company Limited (Vice-Chairman)
Berli Jucker Public Company Limited (Vice-Chairman)
Frasers Property Limited (Vice-Chairman)
Thai Beverage Public Company Limited (Vice-Chairman)
Thai Group Holdings Public Company Limited (Vice-Chairman)

Others
Cristalla Co., Ltd. (Vice-Chairman)
International Beverage Holdings Limited (Vice-Chairman)
Plantheon Co., Ltd. (Vice-Chairman)
Sangsom Co., Ltd (Chairman)
Siriwana Co., Ltd. (Vice-Chairman)
TCC Asset World Corporation Limited (Vice-Chairman)
TCC Assets (Thailand) Company Limited
TCC Corporation Limited (Vice-Chairman)
TCC Group of Companies
TCC Land Co., Ltd. (Vice-Chairman)

Attachments

Proposed Joint Company Press Statement.pdf
Directorships_KYW.pdf
Total size =84K