Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
CFM HOLDINGS LIMITED
Securities
CFM HOLDINGS LIMITED - SG1P02915996 - 5EB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Oct-2024 18:04:09
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG241010OTHR2LLY
Submitted By (Co./ Ind. Name)
Goh Xun Er
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr. Teo Kian Huat as an Independent Director, Chairman of the Nominating Committee, a member each of the Audit Committee and Remuneration Committee.

This announcement has been prepared by the Company and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Ms. Lin Huiying, Head of Continuing Sponsorship, at 7 Temasek Boulevard, #04-02 Suntec Tower 1, Singapore 038987, telephone (65) 6950 2188.

Additional Details

Name Of Person
Teo Kian Huat
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
28/10/2024
Detailed Reason (s) for cessation
To focus on his other work commitments.

After having interviewed Mr. Teo Kian Huat and to the best of its knowledge the Sponsor is satisfied that, save as disclosed in the announcement, there are no other material reasons for the retirement of Mr. Teo Kian Huat as an Independent Director of 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
29/10/2021
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director; Chairman of the Nominating Committee, a member of each of the Audit Committee and Remuneration Committee.
Role and responsibilities
Independent 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)
1) ZACD Capital Pte. Ltd.
2) Carrington RHT Investments Pte. Ltd. (formerly known as RH Investments Pte. Ltd.)
3) RHT Strategic Advisory Pte. Ltd.
4) Pivot Medical Pte. Ltd.
Present
1) Anthea Holdings Pte. Ltd.
2) S Aesthetics Clinic Pte. Ltd.
3) Dtap Express Pte. Ltd.
4) Anthea Holdings 1 Pte. Ltd.
5) iCapital Holdings (SG) Pte. Ltd.
6) Vitalink Technology (APAC) Pte. Ltd.
7) iCapital Synergrowth Pte. Ltd.
8) One Raffles Partners LLP