Change - Announcement of Cessation::Resignation of Director - Lim Yew Kong John

Issuer & Securities

Issuer/ Manager
KARIN TECHNOLOGY HLDGS LIMITED
Securities
KARIN TECHNOLOGY HLDGS LIMITED - BMG521971033 - K29
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Feb-2024 18:24:31
Status
New
Announcement Sub Title
Resignation of Director - Lim Yew Kong John
Announcement Reference
SG240229OTHRVJJ3
Submitted By (Co./ Ind. Name)
Wong Chi Cheung, Clarence
Designation
Financial Controller/ Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Karin Technology Holdings Limited (the "Company") wishes to announce the cessation of Mr Lim Yew Kong John as Independent Director of the Company with effect from 29 February 2024.

Additional Details

Name Of Person
Lim Yew Kong John
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
29/02/2024
Detailed Reason (s) for cessation
Mr Lim Yew Kong John resigned as Independent Director of the Company as part of board rejuvenation, having served on the Board for more than 9 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
20/01/2005
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)
2
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.)
Independent Director, Chairman of the Remuneration Committee and a member of the Audit and Risk Management Committee and Nominating Committee
Role and responsibilities
Fulfilling 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?
Yes
Shareholding Details
Direct Interest: 300,000 ordinary shares
Past (for the last 5 years)
St Joseph's Institution International Ltd.
St Joseph's Institution International Elementary School Ltd
Tribus Pte Ltd
Present
Global Invacom Group Limited
Zico Holdings Inc.
Zico Asset Management Pte. Ltd.
Zico Capital Pte. Ltd.
FHFT Pte Ltd.