Change - Announcement of Cessation::CESSATION OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
PACIFIC RADIANCE LTD.
Securities
PACIFIC RADIANCE LTD. - SG2G39998387 - T8V
PACIFIC RAD S$100M4.3%N180829 - SG6SF2000004 - 14WB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Jul-2018 18:46:24
Status
New
Announcement Sub Title
CESSATION OF INDEPENDENT DIRECTOR
Announcement Reference
SG180716OTHRE5Q7
Submitted By (Co./ Ind. Name)
PANG YOKE MIN
Designation
EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Wong Meng Hoe who is an Independent Director.

Additional Details

Name Of Person
Wong Meng Hoe
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
16/07/2018
Detailed Reason (s) for cessation
Retirement by rotation as director at AGM.
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
28/10/2013
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)
4
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 and a member of Nominating Committee
Role and responsibilities
Duties as Independent Director and a 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
100,000 ordinary shares of Pacific Radiance Ltd.
Past (for the last 5 years)
Risk & Quality Management Asia Pte. Ltd.
Present
MH Horizon Sdn Bhd
MH Wong Marine Pte. Ltd.
MH Wong Projects Pte. Ltd.
MH Wong Marine Sdn Bhd
PJ Planning & Development Pte. Ltd.
Plus SGP Pte. Ltd.
Singa-in Engineering Services Pte. Ltd.