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

Issuer & Securities

Issuer/ Manager
USP GROUP LIMITED
Securities
USP GROUP LIMITED - SG1CH0000007 - BRS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Sep-2021 18:07:49
Status
New
Announcement Sub Title
Resignation of Non-Independent Non-Executive Director
Announcement Reference
SG210930OTHR02L1
Submitted By (Co./ Ind. Name)
Tanoto Sau Ian
Designation
CEO and Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Independent Non-Executive Director

Additional Details

Name Of Person
Lew Kwang Ping
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
29/09/2021
Detailed Reason (s) for cessation
Due to medical issues, Mr Lew has been advised by his doctor to take a break and recuperate. As such, he will no longer be able to effectively continue his duties with the Company.
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
02/07/2021
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Non-Executive Director
Role and responsibilities
Non-Independent Non-Executive Director
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?
No
Past (for the last 5 years)
Biolidics Limited
Shaw Holdings Pte Ltd
Present
Shaw Investment APAC Pte Ltd
PR Immigration Pte Ltd
SH1 Pte Ltd

Related Announcements

Related Announcements

04/10/2021 18:21:18