Change - Announcement of Cessation::Cessation as Independent Director

Issuer & Securities

Issuer/ Manager
XMH HOLDINGS LTD.
Securities
XMH HOLDINGS LTD. - SG1CF5000006 - BQF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Aug-2019 19:47:13
Status
New
Announcement Sub Title
Cessation as Independent Director
Announcement Reference
SG190827OTHRQN2J
Submitted By (Co./ Ind. Name)
Tan Tin Yeow
Designation
Chairman and Managing Director
Description (Please provide a detailed description of the event in the box below)
Mr. Chan Heng Toong retired as a Director of the Company at the conclusion of the Annual General Meeting held on 27 August 2019. Co-terminus with his retirement, his various appointments as the Chairman of Nominating Committee and a member of the Audit Committee and Remuneration Committee will also cease.

Additional Details

Name Of Person
Chan Heng Toong
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
27/08/2019
Detailed Reason (s) for cessation
Retired at the conclusion of the Company's Annual General Meeting held on 27 August 2019 and did not seek re-election.
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
29/10/2010
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)
3
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 Director, Chairman of the Nominating Committee and a member of the Audit Committee and the Remuneration Committee.
Role and responsibilities
Assumed the role and responsibilities of an Independent Director, Chairman of the Nominating Committee and a member of the Audit Committee and the Remuneration 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?
Yes
Shareholding Details
Direct interest : 125,000 ordinary shares and 25,000 share options
Past (for the last 5 years)
Ayondo Ltd.
Present
Singapore O&G Ltd.
City Gate Pte. Ltd.