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

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Sep-2021 17:21:54
Status
New
Announcement Sub Title
Retirement of Non-Executive Independent Director
Announcement Reference
SG210913OTHRGTBF
Submitted By (Co./ Ind. Name)
Ding Hui Yun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Non-Executive Independent Director

Additional Details

Name Of Person
Ng Wai King
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
07/10/2021
Detailed Reason (s) for cessation
Mr Ng Wai King is being considered for an appointment which requires him to address potential conflicts of interest. He will therefore be retiring from office by rotation at the conclusion of the Twenty-Second Annual General Meeting held on 7 October 2021
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
20/09/2018
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)
5
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.)
Member of the Board and Member of the Remuneration & Staff Development Committee
Role and responsibilities
Non-Executive and 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
SGX - 4,306 shares
Past (for the last 5 years)
CapitaLand Commercial Trust Management Limited
Home Nursing Foundation
Present
Directorships:
National University of Singapore Board of Trustees (Member)
Singapore Institute of Directors
Tricor WP Corporate Services Pte Ltd
Wah Hin and Company Private Limited
WongPartnership Myanmar Limited
WPGrowth Ventures Pte Ltd

Major Appointments:
Lakeside Family Centre (Vice-Chairman)
WongPartnership LLP (Managing Partner)