Change - Announcement of Cessation::Announcement of Resignation of Non-Executive Independent Director
Issuer & Securities
ENGRO CORPORATION LIMITED
ENGRO CORPORATION LIMITED - SG1H26001476 - S44
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Announcement of Resignation of Non-Executive Independent Director
Submitted By (Co./ Ind. Name)
Effective Date and Time of the event
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Ronnie Teo Heng Hock ("Mr Teo") as Non-Executive Independent Director. Following his resignation, Mr Teo will also cease as Chairman of the Remuneration Committee, a Member of both the Audit and Nominating Committees.
Name Of Person
Ronnie Teo Heng Hock
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To facilitate Board renewal of directors pursuant to corporate governance principles. The Board and the Management of EnGro Group would like to record their sincere appreciation and thanks to Mr Teo for his invaluable contributions to the Company's development over the past 9 years and wish him all the very best for the future.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, Remuneration Committee Chairman, a member of both the Audit and Nominating Committees.
Role and responsibilities
Non-Executive Independent Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Uni-Asia Group Limited
Asian Paints International Pte Ltd
EnGro Ann Resign ID Change Board Composition_RT.pdf
Total size =327K