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

Issuer & Securities

Issuer/ Manager
HPHT FINANCE (21) LIMITED
Securities
HPHTFIN US$500M2%N260319 - XS2318334120 - TXLB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Nov-2024 18:54:12
Status
New
Announcement Sub Title
Retirement of Independent Non-executive Director
Announcement Reference
SG241129OTHR32BQ
Submitted By (Co./ Ind. Name)
Jimmy Chi Kit NG
Designation
Director
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Non-executive Director, Chairman of the Audit Committee and the Nominating Committee, a member of the Remuneration Committee and the Lead Independent Director of Hutchison Port Holdings Management Pte. Limited (the "Trustee-Manager")

Additional Details

Name Of Person
Wong Kwai Lam
Age
75
Is effective date of cessation known?
Yes
If yes, please provide the date
02/12/2024
Detailed Reason (s) for cessation
After serving on the Board of Directors of the Trustee-Manager for about 9 years, Mr. Wong Kwai Lam has indicated his intention to retire as Independent Non-executive Director, Chairman of the Audit Committee ("AC") and the Nominating Committee ("NC"), a member of the Remuneration Committee ("RC") and the Lead Independent Director of the Trustee-Manager to devote more time to his other commitments.
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
02/12/2015
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-executive Director, AC and NC Chairman, RC member and the Lead Independent Director of the Trustee-Manager
Role and responsibilities
As Independent Non-executive Director, AC and NC Chairman, RC member and the Lead Independent Director of the Trustee-Manager
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
Please see attached Appendix A.
Present
Please see attached Appendix A.

Attachments

AppendixA-WongKwaiLam.pdf
Total size =61K