Change - Announcement of Cessation::Cessation of Chairman and Independent Director

Issuer & Securities

Issuer/ Manager
COSMOSTEEL HOLDINGS LIMITED
Securities
COSMOSTEEL HOLDINGS LIMITED - SG1V08936188 - B9S
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Dec-2022 18:05:42
Status
New
Announcement Sub Title
Cessation of Chairman and Independent Director
Announcement Reference
SG221201OTHRX9LA
Submitted By (Co./ Ind. Name)
Ong Tong Hai
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Chairman and Independent Director

Additional Details

Name Of Person
Low Beng Tin
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
01/12/2022
Detailed Reason (s) for cessation
Mr. Low Beng Tin ("Mr Low") has decided to step down from the Board to facilitate board renewal.
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
09/11/2005
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of the Board
Independent Director
Chairman of the RC
Member of the AC and NC
Role and responsibilities
As the Chairman of the Board and member of the AC, NC and the RC.
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?
No
Other Directorships
Past (for the last 5 years)
1. Agropak Engineering (S) Pte Ltd
2. Assimilated Technologies (S) Pte Ltd
3. SMF Centre For Corporate Learning Pte. Ltd.
4. Singapore Innovation And Productivity Institute Pte Ltd

Present
1. Lian Beng Group Ltd
2. Fuji Offset Plates Manufacturing Ltd
3. AAS Investment Holdings Pte. Ltd.
4. AAS @ 2KC Pte. Ltd.
5. Autoswift Recovery Pte. Ltd.
6. AAS @ Midview Pte. Ltd.
7. JP Nelson Holdings