Change - Announcement of Cessation::Resignation of Independent Non-Executive Director - Tan Soo Kiat
Issuer & Securities
NAM LEE PRESSED METAL INDUSTRIES LIMITED
NAM LEE PRESSED METAL INDS LTD - SG1X43941639 - G0I
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Independent Non-Executive Director - Tan Soo Kiat
Submitted By (Co./ Ind. Name)
Yong Kin Sen
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Tan Soo Kiat as Independent Non-Executive Director.
Name Of Person
Tan Soo Kiat
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Tan Soo Kiat, having served as an Independent Director of the Company for more than 11 years and having considered the nine-year rule, has decided to resign to facilitate Board renewal.
Following his resignation, Mr Tan shall cease to be the Chairman of Remuneration Committee and a member of the Nominating Committee and 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the Remuneration Committee and Member of the Audit Committee and Nominating Committee
Role and responsibilities
Duties of an Independent Non-Executive Director, Chairman of the Remuneration Committee and Member of the Audit Committee and Nominating Committee as covered in the terms of reference of the respective committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
200,000 ordinary shares
Past (for the last 5 years)
Arana Assets Limited
Vela Diagnostics Holding Pte Ltd
Dyna-Mac Holdings Ltd
Intergate Pte Ltd