Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
REVEZ CORPORATION LTD.
Securities
REVEZ CORPORATION LTD. - SGXE83751573 - RCU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Mar-2024 17:25:17
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG240305OTHR40HS
Submitted By (Co./ Ind. Name)
Gwendolin Lee Soo Fern
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)

Resignation of Mr. Lim Yeow Hua as Independent Director.

This announcement has been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Lim Yeow Hua
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
20/03/2024
Detailed Reason (s) for cessation
To pursue other business interest and other principal commitments.

Following Mr. Lim Yeow Hua's resignation, he will relinquish his position as Independent Board Chairman, Chairman of the Audit & Risk Committee, member of the Nominating Committee and member of the Remuneration Committee. The Company has commenced its search process for a new Independent Director and will keep shareholders apprised in due course through announcement(s) on the SGXNET.

Based on its enquiries, the Sponsor is satisfied that, saved as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Lim as an Independent Director of the Company.
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
30/01/2023
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Board Chairman, Chairman of Audit & Risk Committee, member of Nominating Committee and member of Remuneration Committee.
Role and responsibilities
Duties of an Independent Director, Board Chairman, Chairman of Audit & Risk Committee, member of Nominating Committee and member of Remuneration Committee.
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
Past (for the last 5 years)
KTL Global Limited
Prestige Biopharma Pte. Ltd.
Singapore Women's & Children's Medical Group Pte. Ltd.
Present
Accrelist Ltd
KSH Holdings Limited
Oxley Holdings Limited
NauticAWT Limited