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

Issuer & Securities

Issuer/ Manager
HONG FOK CORPORATION LIMITED
Securities
HONG FOK CORPORATION LTD - SG1J14885763 - H30
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-May-2015 18:11:41
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director
Announcement Reference
SG150518OTHRWDQW
Submitted By (Co./ Ind. Name)
Koh Chay Tiang / Lo Swee Oi
Designation
Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Non-Executive Director.

Additional Details

Name Of Person
Tan Tock Han
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
18/05/2015
Detailed Reason (s) for cessation
As disclosed in the Corporate Governance Statement of the Company's Annual Report 2014, Mr Tan Tock Han will step down from his office as Independent Non-Executive Director after the Annual General Meeting held on 30 April 2015 for the purpose of board renewal and succession planning.
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
18/10/2001
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Member of the Audit and Risk Management Committee, the Nominating Committee and the Remuneration Committee.
Role and responsibilities
Independent Non-Executive Director, Member of the Audit and Risk Management Committee, the Nominating Committee and the Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
- Brother-in-law of Mr Cheong Pin Chuan and Mr Cheong Sim Eng (Joint Chairmen & Joint Managing Directors and Substantial Shareholders)
- Brother-in-law of Mdm Cheong Hooi Kheng (Executive Director & Chief Operating Officer)
- Brother-in-law of Mr Cheong Kim Pong (Substantial Shareholder)
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Interests in the Company
- Direct Interest: 195,600 shares
- Deemed Interest: 17,655,598 shares
Past (for the last 5 years)
Nil
Present
KTL Global Limited