Change - Announcement of Cessation::Retirement of Non-Executive Non-Independent Director and Chairman

Issuer & Securities

Issuer/ Manager
BBR HOLDINGS (S) LTD
Securities
BBR HOLDINGS (S) LTD - SG1Z42953799 - KJ5
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Mar-2024 19:21:00
Status
New
Announcement Sub Title
Retirement of Non-Executive Non-Independent Director and Chairman
Announcement Reference
SG240314OTHR74CD
Submitted By (Co./ Ind. Name)
Tan Kheng Hwee Andrew
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Prof. Yong Kwet Yew is stepping down as a Non-Executive Non-Independent Director of BBR Holdings (S) Ltd. Prof. Yong will, upon his cessation, relinquish his role as Chairman of the Board and a member of the Audit & Risk and Nominating Committee.

The Board would like to extend its appreciation to Prof. Yong Kwet Yew for his valuable and significant contributions to the Company during his tenure of service.

Additional Details

Name Of Person
Prof. Yong Kwet Yew
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2024
Detailed Reason (s) for cessation
Prof. Yong Kwet Yew has decided to step down after the conclusion of the Company's forthcoming Annual General Meeting, having served on the Board of the Company for 27 years.
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
19/08/1997
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director, Chairman of the Board, Member of Audit & Risk Committee and Nominating Committee
Role and responsibilities
Non-Executive and Non-Independent Director, Chairman of the Board, Member of Audit & Risk Committee and 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?
No
Past (for the last 5 years)
Nil
Present
Listed Directorship:
Tritech Group Limited
Boustead Projects Limited

Public Sector:
Public Utilities Board, Board Member

Principal Commitment:
National University of Singapore, Professor of Civil and Environmental Engineering