Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
YAMADA GREEN RESOURCES LIMITED
Securities
YAMADA GREEN RESOURCES LIMITED - SG1CA8000004 - BJV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Mar-2021 16:03:02
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG210319OTHRM87Z
Submitted By (Co./ Ind. Name)
Chen Qiuhai
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Director

Additional Details

Name Of Person
Chua Ser Miang
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2021
Detailed Reason (s) for cessation
As part of the Board renewal process of Yamada Green Resources Limited (the "Company" and together with its subsidiaries, the "Group"), Mr Chua Ser Miang will resign as the Lead Independent Director of the Company with effect from 31 March 2021. Mr Chua was appointed to the Board on 23 September 2013 and has served as an independent director for more than 7 years. The Board and Management would like to express their gratitude to Mr Chua for his invaluable contributions to the Board and the Group.
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
23/09/2013
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)
1
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 Committee, a member of Audit Committee, and Remuneration Committee
Role and responsibilities
Independent Director
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)
Eastwin Capital Pte Ltd
Deskera Holdings Limited
Present
Anchor Resources Limited
Aoxin Q&M Dental Group Limited
China Knowledge Data Technology Pte Ltd