Change - Announcement of Cessation::Resignation of Non-Executive and Independent Director, Chairman of AC & Member of NC

Issuer & Securities

Issuer/ Manager
SINGAPORE LAND GROUP LIMITED
Securities
SINGAPORE LAND GROUP LTD - SG1K37001643 - U06
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Aug-2021 17:23:05
Status
New
Announcement Sub Title
Resignation of Non-Executive and Independent Director, Chairman of AC & Member of NC
Announcement Reference
SG210819OTHR92PM
Submitted By (Co./ Ind. Name)
Teo Hwee Ping
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Yang Soo Suan as Non-Executive and Independent Director, Chairman of Audit Committee and Member of Nominating Committee.

Additional Details

Name Of Person
Yang Soo Suan
Age
84
Is effective date of cessation known?
Yes
If yes, please provide the date
01/09/2021
Detailed Reason (s) for cessation
Mr Yang Soo Suan has resigned from the Board to support the Board's plan to refresh the Board composition in line with the spirit of the Code of Corporate Governance. Following his resignation from the Board, Mr Yang Soo Suan will also cease to be the Chairman of the Audit Committee and a Member of the Nominating Committee.
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
27/04/2012
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director;
Chairman of Audit Committee and Member of Nominating Committee.
Role and responsibilities
Non-Executive and Independent Director;
Chairman of Audit Committee and Member of Nominating Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Please see Appendix A attached.
Present
Please see Appendix A attached.

Attachments

YSS_Appendix A.pdf
Total size =98K