Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
EZRA HOLDINGS LIMITED
Securities
EZRA HOLDINGS LIMITED - SG1O34912152 - 5DN
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Aug-2019 00:02:41
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG190809OTHRF5KH
Submitted By (Co./ Ind. Name)
Lee Kian Soo
Designation
Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Eng Heng Nee Philip as an Independent Director.

Additional Details

Name Of Person
Eng Heng Nee Philip
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
01/08/2019
Detailed Reason (s) for cessation
As the Company will be applying to place itself in judicial management in the near future, following the complete implementation of its Chapter 11 Plan, it is timely for Mr. Eng Heng Nee Philip to step down as an independent director of the Company to enable him to focus on his work in the other organisations that he is involved in.
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
01/07/2012
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 the Nominating and Enterprise Risk Committees, and Member of the Audit and Remuneration Committees.
Role and responsibilities
Lead Independent Director, Chairman of the Nominating and Enterprise Risk Committees, and Member of the Audit and Remuneration Committees.
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
1. Ezra Holdings Limited: 603,200
2. Emas Offshore Limited: 100,000
Past (for the last 5 years)
1. Ezra Holdings Limited
Present
1. Frasers Centrepoint Asset Management Ltd.
2. PT Adira Dinamika Multi Finance Tbk
3. Frasers Property Limited
4. Hektar Asset Management Sdn Bhd
5. Heliconia Capital Management Pte Ltd
6. Vanda 1 Investments Pte Ltd
7. Frasers Property Australia Pty Ltd
8. Transmex Systems International Pte. Ltd.
9. ALPS Pte. Ltd.
10. Frasers Hospitality International Pte. Ltd.