Change - Announcement of Cessation::RESIGNATION OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
YANLORD LAND GROUP LIMITED
Securities
YANLORD LAND GROUP LIMITED - SG1T57930854 - Z25
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Aug-2018 17:44:19
Status
New
Announcement Sub Title
RESIGNATION OF INDEPENDENT DIRECTOR
Announcement Reference
SG180830OTHR45ZN
Submitted By (Co./ Ind. Name)
Lim Poh Choo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Lt. Gen (Ret) Ng Jui Ping ("General Ng") as an independent director. Upon resignation as the independent director, General Ng ceased to be the chairman of the remuneration committee ("RC"), a member of the audit committee ("AC") and a member of the risk management committee ("RMC").

Additional Details

Name Of Person
Ng Jui Ping
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
31/08/2018
Detailed Reason (s) for cessation
General Ng served as an independent director of the Company for 12 years and he is stepping down from the board of directors ("Board") of the Company in the interests of Board rejuvenation. The Company expresses its gratitude to General Ng for his valuable contributions to the Company during his tenure of service.
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
20/09/2006
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)
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.)
independent director, the chairman of the RC, a member of the AC and a member of the RMC
Role and responsibilities
Assumed the roles and responsibilities of an independent director, the chairman of the RC, a member of the AC and a member of the RMC
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
100,000 ordinary shares of the Company
Past (for the last 5 years)
Nil
Present
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