Change - Announcement of Cessation::Retirement of Director: Ng Quek Peng

Issuer & Securities

Issuer/ Manager
JAPFA LTD.
Securities
JAPFA LTD. - SG1AB9000005 - UD2
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Apr-2023 23:17:26
Status
New
Announcement Sub Title
Retirement of Director: Ng Quek Peng
Announcement Reference
SG230417OTHRF4YV
Submitted By (Co./ Ind. Name)
Cheng Sai Hong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Ng Quek Peng with effect from the conclusion of the Annual General Meeting held on 17 April 2023.

Additional Details

Name Of Person
Ng Quek Peng
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
17/04/2023
Detailed Reason (s) for cessation
Mr Ng Quek Peng has decided not to stand for re-election and retired as a Director of the Company with effect from the conclusion of the Annual General Meeting held on 17 April 2023.
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
29/07/2014
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.)
Lead Independent Director ("Lead ID"), Chairman of Audit and Risk Committee (ARC") and Member of the Nominating Committee ("NC").
Role and responsibilities
Lead ID -To lead and facilitate the decision-making and Board resolution of matters when the Chairman is conflicted;
Chairman of ARC- To lead the ARC committee and assist the Board of Directors in discharging its statutory responsibilities for financing and accounting and risk governance matters;
Member of NC - To review and ensure that the Board and its committees are of an appropriate size and as a group provide an appropriate balance and mix of skills, knowledge and experience.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
550,000 Japfa Ltd shares
Other Directorships
Past (for the last 5 years)
Asia Pacific Port Holdings Pte. Ltd
FEI Holdings Pte Ltd
Dnonce Technology Bhd
Halcyon Capital Pte. Ltd.
Otto Marine Ltd#
Zico Holdings Inc
Hawthorne Holdings Pte. Ltd
Present
Jios Aerogel Pte Ltd