Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
BUMITAMA AGRI LTD.
Securities
BUMITAMA AGRI LTD. - SG2E67980267 - P8Z
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Feb-2024 21:24:13
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG240226OTHR27G4
Submitted By (Co./ Ind. Name)
Lim Gunawan Hariyanto
Designation
Executive Chairman & CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Director

Additional Details

Name Of Person
Lee Lap Wah George
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
26/02/2024
Detailed Reason (s) for cessation
Retirement. The Board expresses its gratitude to Mr George Lee for his invaluable contributions to the Company during his tenure of service.
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
01/06/2017
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of CRERM Committee (as defined below) and a member of Audit, Remuneration and Governance & Nominating Committees.
Role and responsibilities
Responsible for assuring that the Conflicts Resolution & Enterprise Risk Management ("CRERM") functions perform adequately and effectively resourced and qualified in all aspects pertaining to the Group, including the formulation of overall business and corporate policies and strategies, management of business and operations, and overall business development of the Group.
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
Great Eastern Holdings Limited
OCBC Bank (Malaysia) Berhad
Wearnes Starchase Ltd.
RE&S Holdings Ltd.