Change - Announcement of Cessation::Cessation of Non-Executive Chairman and Independent Director

Issuer & Securities

Issuer/ Manager
SOUP HOLDINGS LIMITED
Securities
SOUP HOLDINGS LIMITED - SG1U97935860 - 5KI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Apr-2024 23:41:05
Status
New
Announcement Sub Title
Cessation of Non-Executive Chairman and Independent Director
Announcement Reference
SG240410OTHRDC7K
Submitted By (Co./ Ind. Name)
Chong In Bee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Executive Chairman and Independent Director - Professor Cham Tao Soon

Additional Details

Name Of Person
Professor Cham Tao Soon
Age
84
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2024
Detailed Reason (s) for cessation
Professor Cham Tao Soon ("Prof Cham") has served on the Board for more than nine years and will cease to be considered independent upon conclusion of the Company's Annual General Meeting to be held on 26 April 2024 ("AGM"), pursuant to Rule 210(5)(d)(iv) of the Listing Manual.

Prof Cham has decided not to seek re-election at the AGM and his retirement from the Board as Non-Executive Chairman and Independent Director of the Company will take effect upon the conclusion of the AGM.

Following Prof Cham's retirement as Non-Executive Chairman and Independent Director of the Company, he shall cease to be Chairman of Remuneration Committee, and a member of the Audit Committee and Nominating Committee.
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
14/05/2007
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 Chairman and Independent Director, Chairman of the Remuneration Committee and member of the Audit Committee and Nominating Committee.
Role and responsibilities
Non-Executive.
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 in the Company

Deemed interest: 200,000 ordinary shares in the Company
Past (for the last 5 years)
Nil
Present
NSL Ltd
The Tan Chin Tuan Foundation
Institution of Engineers (Singapore) Fund Ltd.
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