Change - Announcement of Cessation::RESIGNATION OF INDEPENDENT DIRECTOR, CHAIRMAN OF AC, MEMBER OF NC AND RC

Issuer & Securities

Issuer/ Manager
ENVICTUS INTERNATIONAL HOLDINGS LIMITED
Securities
ENVICTUS INTERNATIONAL HLDGLTD - SG1CF4000007 - BQD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Jan-2025 18:02:00
Status
New
Announcement Sub Title
RESIGNATION OF INDEPENDENT DIRECTOR, CHAIRMAN OF AC, MEMBER OF NC AND RC
Announcement Reference
SG250121OTHRN8F7
Submitted By (Co./ Ind. Name)
S SURENTHIRARAJ AND KOK MOR KEAT
Designation
COMPANY SECRETARIES
Description (Please provide a detailed description of the event in the box below)
RESIGNATION OF INDEPENDENT DIRECTOR, CHAIRMAN OF AUDIT COMMITTEE, MEMBER OF NOMINATING COMMITTEE AND MEMBER OF REMUNERATION COMMITTEE

Additional Details

Name Of Person
Lyn Hian Woon
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
21/01/2025
Detailed Reason (s) for cessation
Mr Lyn Hian Woon ("Mr Lyn") has served on the Board of Directors ("Board") of the Company for more than nine (9) years. In view of the nine-year tenure limit for Independent Directors prescribed under the Singapore Exchange Securities Trading Limited Listing Manual, Mr Lyn has decided to resign upon conclusion of the Annual General Meeting held on 21 January 2025 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
03/08/2004
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director
Chairman of Audit Committee
Member of Nominating Committee
Member of Remuneration Committee
Role and responsibilities
Independent Director
Chairman of Audit Committee
Member of Nominating Committee
Member of Remuneration 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
Direct - 345,420 ordinary shares in the Company
Past (for the last 5 years)
Vietnam Asset Management
Colonial Investment Pte. Ltd.
Envictus International Holdings Limited
Present
Indigo Investment Pte Ltd
Sirus International Holdings