Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
HOE LEONG CORPORATION LTD.
Securities
HOE LEONG CORPORATION LTD. - SG1S47927920 - H20
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Apr-2025 17:24:49
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG250430OTHRM1C9
Submitted By (Co./ Ind. Name)
Yeo Puay Hin
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent and Non-Executive Director - Mr. Wee Sung Leng

Additional Details

Name Of Person
Wee Sung Leng
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2025
Detailed Reason (s) for cessation
Mr. Wee, who retired by rotation in accordance with Regulation 98(2) of the Constitution of the Company, was not re-elected at the Company's Annual General Meeting held on 30 April 2025.
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
29/04/2021
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.)
- Independent and Non-Executive Director
- Chairman of the Remuneration Committee
- Member of the Audit Committee
Role and responsibilities
Mr. Wee assumed the roles and responsibilities of an Independent Director, Chairman of the Remuneration Committee and a member of the Audit Committee.
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)
SMI Vantage Limited
Present
- Combine Will International Holdings Limited
- Fortune Green Global Corp