Change - Announcement of Cessation::Cessation of Independent Non-Executive Director - Mr Tan Kok Ming Desmond
Issuer & Securities
APAC REALTY LIMITED
APAC REALTY LIMITED - SG1DJ0000001 - CLN
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Independent Non-Executive Director - Mr Tan Kok Ming Desmond
Submitted By (Co./ Ind. Name)
Chua Khee Hak
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Tan Kok Ming Desmond as Independent Non-Executive Director.
Name Of Person
Tan Kok Ming Desmond
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Tan will be assuming the roles of Minister of State in the Ministry of Home Affairs and the Ministry of Sustainability and the Environment (previously called the Ministry of the Environment and Water Resources).
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.)
i. Independent Non-Executive Director
ii. Chairman of Remuneration Committee
iii. Member of Audit Committee and Nominating Committee
Role and responsibilities
Carry out the responsibilities as Independent Director, Chairman of Remuneration Committee and Member of Audit Committee and Nominating Committee.
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?
Past (for the last 5 years)
i) Stelop Pte. Ltd.
i) Gardens By The Bay
ii) Singapore Chinese Cultural Centre