Change - Announcement of Cessation::Cessation of Independent Non-executive Director
Issuer & Securities
WILLAS-ARRAY ELEC (HLDGS) LTD
WILLAS-ARRAY ELEC (HLDGS) LTD - BMG9643L1349 - BDR
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Independent Non-executive Director
Submitted By (Co./ Ind. Name)
Leung Chun Wah
Chairman and Non-executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Iu Po Chan, Eugene as Independent Non-executive Director
Name Of Person
Iu Po Chan, Eugene
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Resigned due to his decision to devote more time to his personal affairs and in the interest of board for an orderly succession.
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.)
INED, Chairman of Remuneration Committee and Compliance Committee as well as Member of Audit Committee, Nomination Committee and ESOS Committee
Role and responsibilities
Independent Non-executive 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)
No, taking into account of this cessation.