Change - Announcement of Cessation::Retirement of Non-Executive and Lead Independent Director

Issuer & Securities

Issuer/ Manager
WHEELOCK PROPERTIES (SINGAPORE) LIMITED
Securities
WHEELOCK PROPERTIES (S) LTD - SG1N72002107 - M35
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2018 18:17:12
Status
New
Announcement Sub Title
Retirement of Non-Executive and Lead Independent Director
Announcement Reference
SG180427OTHR6012
Submitted By (Co./ Ind. Name)
Pearly Oon
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Frank Yung-Cheng Yung as a Non-Executive and Lead Independent Director following the conclusion of the 45th Annual General Meeting of the Company held on 27 April 2018.

Additional Details

Name Of Person
Frank Yung-Cheng Yung
Age
84
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2018
Detailed Reason (s) for cessation
Mr Frank Yung retired as a Non-Executive and Lead Independent Director of the Company following the conclusion of the 45th Annual General Meeting of the Company, having served on the Board for 27 years.
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
21/08/1990
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Lead Independent Director and member of Audit & Risk Management Committee and Remuneration Committee.
Role and responsibilities
As above.
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
Direct interest in 80,000 shares of Wheelock Properties (Singapore) Limited.
Past (for the last 5 years)
Nil
Present
Winseng Pte Ltd