Change - Announcement of Cessation::Retirement of Non-Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
PUBLIC BANK BERHAD
Securities
PUBLICBANK US$200M 6.84% S - XS0256823278 - 7OKB

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Mar-2014 17:43:47
Status
New
Announcement Sub Title
Retirement of Non-Independent Non-Executive Director
Announcement Reference
SG140331OTHROU2P
Submitted By (Co./ Ind. Name)
Dato' Chia Lee Kee
Designation
Company Secretary
Effective Date and Time of the event
31/03/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
Retirement of Dato' Yeoh Chin Kee as Non-Independent Non-Executive Director of Public Bank

Additional Details

Name Of Person
Dato' Yeoh Chin Kee
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2014
Detailed Reason (s) for cessation
Dato' Yeoh Chin Kee has retired as Non-Independent Non-Executive Director of Public Bank (PBB) at the conclusion of PBB's 48th annual general meeting held on 31 March 2014 as he did not seek re-appointment as Director pursuant to Section 129(2) of the Companies Act, 1965
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
09/05/1978
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)
0
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-Independent Non-Executive Director and Member of Audit Committee
Role and responsibilities
Non-Independent Non-Executive Director and Member of Audit Committee
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?
Yes
Shareholding Details
100,000 ordinary shares of RM1.00 each in Public Bank
Other Directorships
Past (for the last 5 years)
N/A
Present
N/A