Change - Announcement of Cessation::Cessation of Independent Director - MITANI Masatoshi

Issuer & Securities

Issuer/ Manager
CDW HOLDING LIMITED
Securities
CDW HOLDING LIMITED - BMG2022E1104 - BXE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Oct-2023 18:18:59
Status
New
Announcement Sub Title
Cessation of Independent Director - MITANI Masatoshi
Announcement Reference
SG231031OTHRY5TM
Submitted By (Co./ Ind. Name)
Kevin Cho
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director - MITANI Masatoshi

Additional Details

Name Of Person
MITANI Masatoshi
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2023
Detailed Reason (s) for cessation
In line with Rule 210(5)(d)(iv) of the Listing Manual that imposes a 9-year limit on the tenure of Independent Directors, Mr Mitani is considered as an independent director until the conclusion of the next AGM of the Company to be held in April 2024. With the appointment of new Independent Directors, Mr Mitani will relinquish his position as Chairman of Nominating Committee, and a member of the Audit Committee and Remuneration Committee on 31 December 2023.
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
31/05/2011
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Nominating Committee, and a member of the Audit Committee and Remuneration Committee
Role and responsibilities
He is the Chairman of Nominating Committee, and a member of the Audit Committee and Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
250,000 employee share options
Past (for the last 5 years)
Nil
Present
- Director, SCS Global Professionals (S) Pte Ltd
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- SCS Global Consulting (S) Pte Ltd
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- Shearwater 360 Limited