Change - Announcement of Cessation::RETIREMENT OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
FIRST RESOURCES LIMITED
Securities
FIRST RESOURCES LIMITED - SG1W35938974 - EB5
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2019 17:22:22
Status
New
Announcement Sub Title
RETIREMENT OF INDEPENDENT DIRECTOR
Announcement Reference
SG190429OTHRPOYM
Submitted By (Co./ Ind. Name)
Lai Kuan Loong, Victor
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
Ng Shin Ein
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2019
Detailed Reason (s) for cessation
Ms Ng Shin Ein retired as a Director at the conclusion of the Annual General Meeting held on 29 April 2019 as she did not seek for re-election. As a result of her retirement, she also ceased to be the Chairman of the Remuneration Committee and a member of the Nominating 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
01/10/2007
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Remuneration Committee and member of the Nominating Committee
Role and responsibilities
Independent Director, Chairman of the Remuneration Committee and member of the Nominating Committee
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?
Yes
Shareholding Details
38,000 Ordinary Shares in the share capital of the Company
Past (for the last 5 years)
- Sabana Real Estate Investment Management Pte Ltd
- Eu Yan Sang International Ltd
Present
- Starhub Ltd
- Yanlord Land Group Limited
- AVARGA Limited