Change - Announcement of Cessation::Retirement of Director: Lien Siaou-Sze

Issuer & Securities

Issuer/ Manager
JAPFA LTD.
Securities
JAPFA LTD. - SG1AB9000005 - UD2
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Apr-2023 23:35:57
Status
New
Announcement Sub Title
Retirement of Director: Lien Siaou-Sze
Announcement Reference
SG230417OTHRLVM7
Submitted By (Co./ Ind. Name)
Cheng Sai Hong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Ms Lien Siaou-Sze with effect from the conclusion of the Annual General Meeting held on 17 April 2023.

Additional Details

Name Of Person
Lien Siaou-Sze
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
17/04/2023
Detailed Reason (s) for cessation
Lien Siaou-Sze has decided not to stand for re-election and retired as a Director of the Company with effect from the conclusion of the Annual General Meeting held on 17 April 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
29/07/2014
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairwoman of the Remuneration Committee ("RC")
Member of the Nominating Committee ("NC")
Role and responsibilities
Chairman of RC- to lead the RC and review and approve the remuneration framework to ensure that the level and structure of remuneration of the Executive Directors and Key Executives are appropriate and proportionate to the sustained performance and value creation of the Group, taking into account the strategic objectives of the Group.
Member of NC - reviewing the composition of the Board annually to ensure that the Board and its committees are of an appropriate size and comprise Directors who as a group provide an appropriate balance and mix of skills, knowledge, experience.
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?
Yes
Shareholding Details
Deemed interest in 687,500 shares in Japfa Ltd
Other Directorships
Past (for the last 5 years)
Singapore Corporation of Rehabilitative Enterprises
Nanyang Technological University, Board of Trustee
Present
Confucius Institute, Nanyang Technological
University Pte. Ltd