Change - Announcement of Cessation::Notice of Cessation as Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
HWA HONG CORPORATION LIMITED
Securities
HWA HONG CORPORATION LIMITED - SG1H85877246 - H19
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-May-2022 08:02:55
Status
New
Announcement Sub Title
Notice of Cessation as Independent Non-Executive Director
Announcement Reference
SG220504OTHRI04Y
Submitted By (Co./ Ind. Name)
Gwendolin Lee Soo Fern
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Notice of Cessation as Independent Non-Executive Director - Mr Mak Lye Mun

Additional Details

Name Of Person
Mak Lye Mun
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
01/05/2022
Detailed Reason (s) for cessation
Disagreement with certain Board members on the selection and appointment process of 2 new Independent Directors.
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?
Yes
If Yes, Please provide full details
As above.
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
22/05/2020
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)
0
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.)
1) Independent and Non-Executive Director
2) Board Chairman
3) Member of ARC
4) Chairman of NC
5) Member of RC
Role and responsibilities
Roles and responsibilities of an Independent and Non-Executive Director, Chairman of the Board, Chairman of the Nominating Committee and member of the Audit & Risk Committee and Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
DIRECTORSHIPS:
- Boardroom Limited
- Tat Hong Holdings Ltd
- CIMB Securities (Singapore) Pte Ltd
- CGS-CIMB Securities (Singapore) Pte. Ltd.
- CGS-CIMB Securities International Pte. Ltd.
- Jupiter Securities Sdn Bhd
Present
DIRECTORSHIPS:
- Duke-NUS Medical School
- Intraco Limited
- SC Global Developments Pte Ltd
- Boustead Singapore Limited
- AVJennings Limited

OTHER COMMITMENTS:
- SGX Listing Advisory Committee Member
- ICHX Tech Pte Ltd, Listing Committee Member