Change - Announcement of Cessation::Retirement of Lead Independent Director

Issuer & Securities

Issuer/ Manager
CIVMEC LIMITED
Securities
CIVMEC LIMITED - AU0000012056 - P9D
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Oct-2024 18:31:43
Status
New
Announcement Sub Title
Retirement of Lead Independent Director
Announcement Reference
SG241030OTHRCZ1Z
Submitted By (Co./ Ind. Name)
James Finbarr Fitzgerald
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Lead Independent Director

Additional Details

Name Of Person
Chong Teck Sin
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
30/10/2024
Detailed Reason (s) for cessation
Under SGX listing rule 210(5)(d)(iv), Mr Chong Teck Sin is not considered Independent Director following the AGM held on 30 October 2024 and is not seeking re-election. Accordingly, Mr Chong Teck Sin has retired as Lead Independent Director of Civmec Limited.
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
27/03/2012
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director. Chairman of Audit Committee and Risks and Conflicts Committee and a member of Nominating and Remuneration Committees.
Role and responsibilities
Fulfil the responsibilities of Lead Independent Director, Chairman of Audit Committee and Risks and Conflicts Committee and a member of Nominating 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?
No
Past (for the last 5 years)
- Changan Minsheng APLL Logistics Co., Ltd
- InnoTek Limited
- Civmec Construction & Engineering, Singapore Pte. Ltd.
- Accordia Golf Trust Management Pte. Ltd.
Present
- AIMS APAC REIT Management Limited
- Multi-Chem Limited
- Ranhill Pte. Ltd.