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

Issuer & Securities

Issuer/ Manager
WILLAS-ARRAY ELEC (HLDGS) LTD
Securities
WILLAS-ARRAY ELEC (HLDGS) LTD - BMG9643L1349 - BDR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-May-2020 21:37:21
Status
New
Announcement Sub Title
Announcement of Cessation of Independent Non-Executive Director
Announcement Reference
SG200528OTHR1FH2
Submitted By (Co./ Ind. Name)
Leung Chun Wah
Designation
Chairman and Executive Director
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Independent Non-Executive Director ("INED")

Additional Details

Name Of Person
Jovenal R. Santiago
Age
82
Is effective date of cessation known?
Yes
If yes, please provide the date
28/07/2020
Detailed Reason (s) for cessation
Mr. Santiago has resigned due to his own accord.
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
14/06/2001
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.)
INED; Chairman of the Audit Committee; Member of the Remuneration Committee, the Nomination Committee and the Compliance Committee.
Role and responsibilities
Independent Non-executive Director ("INED")
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)
Independent director of Cosmosteel Holdings Limited
Present
No, taking into account of this cessation.