Change - Announcement of Cessation::Cessation of Non-Executive Chairman

Issuer & Securities

Issuer/ Manager
KODA LTD
Securities
KODA LTD - SG1CB1000009 - BJZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Oct-2020 17:31:43
Status
New
Announcement Sub Title
Cessation of Non-Executive Chairman
Announcement Reference
SG201030OTHRE2CD
Submitted By (Co./ Ind. Name)
James Koh Jyh Gang
Designation
Managing Director
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Non-Executive Chairman

Additional Details

Name Of Person
Koh Teng Kwee
Age
88
Is effective date of cessation known?
Yes
If yes, please provide the date
30/10/2020
Detailed Reason (s) for cessation
Mr Koh Teng Kwee has decided not to seek re-election and has accordingly retired as the Non-Executive Chairman of the Company at the conclusion of the Company's Annual General Meeting held on 30 October 2020
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
17/04/1980
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Chairman
Role and responsibilities
Non-Executive Chairman
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr James Koh Jyh Gang
Mr James Koh Jyh Gang, Deputy Chairman and Managing Director, is the son of Koh Teng Kwee.

Mdm Koh Shwu Lee
Mdm Koh Shwu Lee, Executive Director, Finance & Administration, is the daughter of Koh Teng Kwee.

Mr Ernie Koh Jyh Eng
Mr Ernie Koh Jyh Eng, Executive Director, Sales & Marketing, is the son of Koh Teng Kwee.

Others
Key Management Personnel, (1) Mr Koh Zhu Xian Joshua, (2) Mr Koh Zhu Lian Julian, and (3) Mr Gan Shee Wen, are the grandsons of Koh Teng Kwee.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Koh Teng Kwee has a direct interest in 9,427,872 shares in the Company.
Past (for the last 5 years)
Not applicable
Present
Not applicable