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

Issuer & Securities

Issuer/ Manager
FRASER AND NEAVE LIMITED.
Securities
FRASER AND NEAVE, LIMITED - SG1T58930911 - F99
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-May-2022 17:27:59
Status
New
Announcement Sub Title
Cessation of Independent and Non-Executive Director
Announcement Reference
SG220525OTHRWCXD
Submitted By (Co./ Ind. Name)
Samuel Lee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent and Non-Executive Director.

Additional Details

Name Of Person
Mrs Siripen Sitasuwan
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
30/05/2022
Detailed Reason (s) for cessation
Mrs Siripen is stepping down as part of the Board renewal process. Following her resignation from the Board, Mrs Siripen will also cease to be the Chairman of the Audit Committee and a member of each of the Nominating Committee and Remuneration 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
31/05/2013
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Audit Committee Chairman
Nominating Committee Member
Remuneration Committee Member
Role and responsibilities
Audit Committee Chairman
Nominating Committee Member
Remuneration Committee Member
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)
Listed Companies - Thai Solar Energy Public Company Limited
Others - Solaris Asset Management Co., Ltd. (Chairman)
Present
Listed Companies - Sermsuk Public Company Limited and Thanachart Capital Public
Company Limited