Change - Announcement of Cessation::Resignation of Independent Non-Executive Chairman

Issuer & Securities

Issuer/ Manager
HG METAL MANUFACTURING LIMITED
Securities
HG METAL MANUFACTURING LTD - SG1CH7000000 - BTG
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Jun-2023 17:21:58
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Chairman
Announcement Reference
SG230608OTHRJ3DP
Submitted By (Co./ Ind. Name)
Xiao Xia
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Non-Executive Chairman

Additional Details

Name Of Person
Kesavan Nair
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
22/06/2023
Detailed Reason (s) for cessation
Change of board of directors due to change of shareholder.
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
15/01/2022
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)
2
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 Non-Executive Chairman, Chairman of the Nominating Committee and Remuneration Committee, and member of Audit and Risk Committee
Role and responsibilities
Not applicable
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?
No
Past (for the last 5 years)
Directorships:
Kitchen Culture Holdings Ltd.
Genvest Pte Ltd
Present
Directorships:
Medi Lifestyle Limited
Arion Entertainment Singapore Limited
OxPay Financial Limited

Other Principal Commitments:
Bayfront Law LLC