Change - Announcement of Cessation::Cessation of Director

Issuer & Securities

Issuer/ Manager
REVEZ CORPORATION LTD.
Securities
REVEZ CORPORATION LTD. - SGXE83751573 - RCU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2021 07:45:52
Status
New
Announcement Sub Title
Cessation of Director
Announcement Reference
SG210428OTHRZMLH
Submitted By (Co./ Ind. Name)
Victor Neo
Designation
Executive Director, Chief Executive Officer and Deputy Board Chairman
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Lim Chwee Kim as a Director, member of the Nominating Committee and member of Remuneration Committee.

Additional Details

Name Of Person
Lim Chwee Kim
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2021
Detailed Reason (s) for cessation
The resolution of his re-election as a Director was not passed at the Annual General Meeting held on 27 April 2021.

Based on its enquiries, the Company's Sponsor, Hong Leong Finance Limited, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Lim Chwee Kim as a Non-Executive Director of REVEZ Corporation Ltd.
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?
Yes
If Yes, Please provide full details
The answer was a yes by Mr Lim Chwee Kim, without providing supporting information. The Company will make further announcement once we receive relevant information if necessary.
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If Yes, Please provide full details
The answer was a yes by Mr Lim Chwee Kim, without providing supporting information. The Company will make further announcement once we receive relevant information if necessary.
Date of Appointment to current position
10/12/2015
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)
3
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.)
NC Member
RC Member
Role and responsibilities
NC Member
RC 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?
Yes
Shareholding Details
20,428,000
Past (for the last 5 years)
Sai Ho Realty Pte. Ltd.
RLG Development Pte. Ltd.
(dissolved)
Broyland Holdings Pte. Ltd.
Broyland Properties Pte. Ltd.
(struck off)
Broyland Trading Pte. Ltd.
Broyland China Investment Pte. Ltd.
Crownshine Season Fruits Private Limited
Chengdu Broyland Logistics Investment Management Co., Ltd.
Chengdu Broyland Logistics Services Co., Ltd.
Present
Union Gas Holdings Limited
Broyland Logistics Services Pte. Ltd.
KKD Logistics Pte. Ltd.
PGK Digital Networks Pte. Ltd.