Change - Announcement of Cessation::RESIGNATION OF NON-EXECUTIVE AND INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
NOEL GIFTS INTERNATIONAL LTD.
Securities
NOEL GIFTS INTERNATIONAL LTD - SG0543000335 - 543
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Sep-2021 20:37:51
Status
New
Announcement Sub Title
RESIGNATION OF NON-EXECUTIVE AND INDEPENDENT DIRECTOR
Announcement Reference
SG210923OTHRNVWO
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Koh Soo Keong as Non-Executive and Independent Director of Noel Gifts International Ltd. Following his Resignation, Mr Koh will also cease to serve as Chairman of the Remuneration Committee, and as a Member of the Audit Committee and Nominating Committee.

Additional Details

Name Of Person
Koh Soo Keong
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
22/09/2021
Detailed Reason (s) for cessation
Mr Koh has tendered his resignation due to personal and health reasons.

The Company will seek and assess suitable candidates to be appointed as Independent Director of the Company and to the Board committees, and will announce any new appointment(s) to the Board and Board committees in due course.
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
01/06/2020
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.)
Non-executive Independent Director, Chairman of the Remuneration Committee, and Member of the Audit Committee and Nominating Committee.
Role and responsibilities
Non-executive 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?
No
Past (for the last 5 years)
1) Agri-Food and Veterinary Authority of Singapore
2) ECS Holdings Limited
3) KS Energy Limited
4) Noel Gifts International Ltd
5) Sino-Singapore (Chengdu) Innovation Park Development Co. Ltd
6) Ascendas Funds Management (S) Limited
7) Aspire Ventures Singapore Pte Ltd
8) Intfinity Consulting Pte Ltd
9) Supple Pte Ltd
10) Northern Technologies International Corporation
Present
1) ABL Asia Pte Ltd
2) Agape Ace Pte Ltd
3) Charis Axel Pte Ltd
4) ChickP Protein Ltd
5) Dart Consulting and Training Pte Ltd
6) EcoSave Pte Ltd
7) Food Ventures Pte Ltd
8) Genisys Capital Pte Ltd
9) International Flavours and Nutrients Pte Ltd
10) One Farrer Pte Ltd
11) Orita Sinclair School of Design, New Media & the Arts Pte Ltd
12) Sifood Pte Ltd
13) The Farrer Park Company Pte Limited
14) Videre Security Solutions Pte Ltd
15) Zerust Singapore Pte Ltd
16) Zerust Vietnam Co. Ltd