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

Issuer & Securities

Issuer/ Manager
VENTURE CORPORATION LIMITED
Securities
VENTURE CORPORATION LIMITED - SG0531000230 - V03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Apr-2019 19:13:58
Status
New
Announcement Sub Title
Announcement of Cessation as Independent Non-Executive Director
Announcement Reference
SG190424OTHR0NJJ
Submitted By (Co./ Ind. Name)
Angeline Khoo Cheng Nee / Devika Rani Davar
Designation
Joint Company Secretaries
Effective Date and Time of the event
24/04/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
Mr Cecil Vivian Richard Wong , an Independent Non-Executive Director of Venture Corporation Limited ("the Company"), has retired by rotation according to the Company's Constitution at the conclusion of the Company's Annual General Meeting held on 24 April 2019.

Additional Details

Name Of Person
Cecil Vivian Richard Wong
Age
96
Is effective date of cessation known?
Yes
If yes, please provide the date
24/04/2019
Detailed Reason (s) for cessation
Retirement by rotation according to the Constitution of the Company and he did not seek re-election.
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
06/05/1992
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)
6
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 Non-Executive Director, NC Chairman, AC Member and RC Member
Role and responsibilities
As above
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NA
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
NA
Present
Pan-United Corporation Ltd
Chartered Asset Management Pte Ltd
John K Young Pte Ltd