Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
TIH LIMITED
Securities
TIH LIMITED - SG1A82000914 - T55
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Apr-2024 09:08:45
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG240404OTHRP2MA
Submitted By (Co./ Ind. Name)
Lee Hock Heng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Director

Additional Details

Name Of Person
Liong Tong Kap
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2024
Detailed Reason (s) for cessation
Mr Liong Tong Kap will be retiring as an Independent Director of the Company at the conclusion of the Annual General Meeting to be held on 25 April 2024 as his tenure as independent director has exceeded the 9-year limit set under Listing Rule 210(5)(d)(iv).

Following his retirement, Mr Liong will cease to be the Chairman of the Audit Committee.
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
12/04/2001
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
1
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, AC Chairman
Role and responsibilities
Independent Director, AC Chairman
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?
No
Past (for the last 5 years)
None
Present
None