Change - Announcement of Cessation::Retirement of Director

Issuer & Securities

Issuer/ Manager
DYNA-MAC HOLDINGS LTD.
Securities
DYNA-MAC HOLDINGS LTD. - SG2C93967918 - NO4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2021 17:24:42
Status
New
Announcement Sub Title
Retirement of Director
Announcement Reference
SG210429OTHRKS9G
Submitted By (Co./ Ind. Name)
Lim Ah Cheng
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Director

Additional Details

Name Of Person
Tan Soo Kiat
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2021
Detailed Reason (s) for cessation
Retired and did not wish to seek re-election at the Company's Annual General Meeting held on 29 April 2021 due to the nine-year cap rule on director independence under the Code of Corporate Governance.
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
08/02/2011
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)
3
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.)
Independent Director
Role and responsibilities
Lead Independent Director, Chairman of the Audit Committee, Member of the Nominating Committee and Remuneration Committee
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?
No
Past (for the last 5 years)
Arana Assets Limited
Vela Diagnostics Holding Pte. Ltd.
Nam Lee Pressed Metal Industries Limited
Present
Asiamedic Limited
Intergate Pte Ltd
Dyna-Mac Holdings Ltd.