Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF NON-EXECUTIVE INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
LIBRA GROUP LIMITED
Securities
LIBRA GROUP LIMITED - SG2D82975475 - 5TR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Sep-2021 20:52:01
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF NON-EXECUTIVE INDEPENDENT DIRECTOR
Announcement Reference
SG210908OTHRED7W
Submitted By (Co./ Ind. Name)
CHRISTINE LIU YANG
Designation
CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)
Please refer to the below.

This announcement has been prepared by the Company and its contents have been reviewed by the Company s Sponsor, RHT Capital Pte. Ltd. ( Sponsor ) for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ( SGX-ST ). The Sponsor has not independently verified the contents of this announcement.

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 Mr Lay Shi Wei - Registered Professional, 6 Raffles Quay, #24-02, Singapore 048580, sponsor@rhtgoc.com

Additional Details

Name Of Person
GOH KENG HAW
Age
40
Is effective date of cessation known?
Yes
If yes, please provide the date
02/09/2021
Detailed Reason (s) for cessation
The Board of Directors of Libra Group Limited (the Company ) was informed by Mr. Goh of his intention to step down as Non-Executive Independent Director due to other work commitments. It was agreed for Mr. Goh to resign.

The Company s Sponsor, RHT Capital Pte. Ltd., has no further comments on the announcement of the cessation of Mr Goh Keng Haw as the Non-Executive 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
23/07/2019
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
7
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Remuneration Committee and member of the Nominating Committee and Audit Committee.
Role and responsibilities
Non-Executive 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)
Silver Hat Holdings Pte. Ltd.
Augsburg Pte. Ltd.
Cornerstone Asia Health Pte. Ltd.
Present
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Foxwood LLC
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Transbangla Commodities Pte. Ltd.
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TheOpenLab SG Pte. Ltd.
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Red Crowns Senior Living Pte. Ltd.
Aoyah Co., Ltd

Principal Commitments
Managing Director, Foxwood LLC (August 2017 to Present)