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

Issuer & Securities

Issuer/ Manager
G. K. GOH HOLDINGS LIMITED
Securities
G. K. GOH HOLDINGS LIMITED - SG1M32001976 - G41
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Apr-2021 07:30:03
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director
Announcement Reference
SG210401OTHRS8AR
Submitted By (Co./ Ind. Name)
Ngiam May Ling
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Lee Soo Hoon as an Independent Non-Executive Director at the conclusion of the Company's Annual General Meeting to be held on 26 April 2021 who will concurrently cease to be the Chairman of the Audit Committee and a member of the Remuneration Committee and Nominating Committee.

Please see attached the announcement relating to the (1) Retirement of Independent Non-Executive Director and (2) Recomposition of Board and Board Committees.

Additional Details

Name Of Person
Lee Soo Hoon
Age
79
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2021
Detailed Reason (s) for cessation
In line with the Board's renewal process, Mr Lee Soo Hoon, having served for more than 9 years as an Independent Non-Executive Director, has decided not to seek re-election and will retire at the conclusion of the Company's Annual General Meeting to be held on 26 April 2021 and will concurrently cease to be the Chairman of the Audit Committee and a member of the Remuneration 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
02/01/2002
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
- Lead Independent Director
- Chairman of Audit Committee
- Member of Remuneration Committee
- Member of Nominating Committee
Role and responsibilities
Carry out the responsibilities as the Lead Independent Director, Chairman of Audit Committee, Member of Remuneration Committee, and Member of Nominating Committee.

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
Mr Lee Soo Hoon holds 20,000 ordinary shares in the Company.
Past (for the last 5 years)
- IPC Corporation Ltd
- CSE Global Limited
- LMIRT Management Ltd.
Present
- Estate and Trust Agencies (1927) Ltd
- Phillip Lee Management Consultants Pte Ltd
- Derek Prince Publications Pte Ltd

Attachments

GKGH - Retirement of Ind NED and Composition of Board and Board Committees_1Apr2021.pdf
Total size =22K