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

Issuer & Securities

Issuer/ Manager
PROCURRI CORPORATION LIMITED
Securities
PROCURRI CORPORATION LIMITED - SG1DA4000006 - BVQ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Nov-2023 19:29:17
Status
New
Announcement Sub Title
Cessation of Non-Independent Non-Executive Director
Announcement Reference
SG231130OTHRX6TI
Submitted By (Co./ Ind. Name)
Mathew George Jordan
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
The Board of Directors wishes to announce the cessation of Mr. Lim Swee Yong as Director with effect from 30 November 2023.

Additional Details

Name Of Person
Lim Swee Yong
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date
30/11/2023
Detailed Reason (s) for cessation
Mr. Lim Swee Yong ( "Mr. Lim" ) has relinquished his position as a Director to focus on his other work commitments. Following Mr. Lim's cessation as a Director, he will also cease to be a member of the Audit Committee and the 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
09/11/2021
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-Independent Non-Executive Director and member of the Audit and Nominating Committees.
Role and responsibilities
Non-Independent Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
300,000 ordinary shares
Past (for the last 5 years)
FundTier Pte. Ltd.
FundTier Holdings Pte. Ltd.
68 Systems & Project Engineering Pte Ltd
Present
Agridence Pte. Ltd.
Agridence Rubber Pte. Ltd.
Charged Asia Pte. Ltd.
EXEO Global Ventures Pte. Ltd.
EXEO Innovation Fund Management Pte. Ltd.
EIF General Partner Pte. Ltd.
EIF Investment Holding Pte. Ltd.
Hexa Charge Pte. Ltd.