Change - Announcement of Cessation::Retirement of Director at the Annual General Meeting-Lim Ho Heng

Issuer & Securities

Issuer/ Manager
PAVILLON HOLDINGS LTD.
Securities
PAVILLON HOLDINGS LTD. - SG1I46882631 - 596
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Apr-2022 17:55:25
Status
New
Announcement Sub Title
Retirement of Director at the Annual General Meeting-Lim Ho Heng
Announcement Reference
SG220426OTHRXSQW
Submitted By (Co./ Ind. Name)
Dr John Chen Seow Phun
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
The Company would like to announce the retirement of Mr Lim Ho Heng as a Director of the Company with effect from the conclusion of the Annual General Meeting ("AGM") held on 26 April 2022 as Resolution 5 was not passed by Shareholders at the AGM.

Accordingly, Mr Lim Ho Heng ceased to be an Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee with effect from 26 April 2022.

The Board would like to take this opportunity to record their heartfelt appreciation and thanks to Mr Lim Ho Heng for his valuable contributions and wishes him all the best in his future endeavours.

Additional Details

Name Of Person
Lim Ho Heng
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2022
Detailed Reason (s) for cessation
Mr Lim Ho Heng was not re-elected by Shareholders at the AGM held on 26 April 2022. Accordingly, Mr Lim Ho Heng ceased to be an Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee with effect from the conclusion of the AGM held on 26 April 2022.
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
22/04/2021
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee.
Role and responsibilities
Fulfill the responsibilities of 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
Other Directorships
Past (for the last 5 years)
NIL
Present
NIL