Change - Announcement of Cessation::Resignation of Director

Issuer & Securities

Issuer/ Manager
PAVILLON HOLDINGS LTD.
Securities
PAVILLON HOLDINGS LTD. - SG1I46882631 - 596
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Jul-2022 20:41:16
Status
New
Announcement Sub Title
Resignation of Director
Announcement Reference
SG220718OTHRT6GO
Submitted By (Co./ Ind. Name)
Dr John Chen Seow Phun
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
The Board of Directors (the "Board") of Pavillon Holdings Ltd. (the "Company") wishes to announce the stepping down of Mr Ko Chuan Aun as Independent Director of the Company immediately after the conclusion of the Proposed Subscription by New Development Hotel Management Pte. Ltd., as announced by the Company on 10 March 2022.

The Board would like to record their heartfelt appreciation and thanks for Mr Ko Chuan Aun for his valuable contributions and wished him all the best in his future endeavours.

The Board will review the composition of the Board and Board Committees to ensure compliance with the Code of Corporate Governance 2018.

Additional Details

Name Of Person
Ko Chuan Aun
Age
65
Is effective date of cessation known?
No
If No, please advise when the date will be announced
Effective date is based on the date of Extraordinary General Meeting for the Proposed Subscription.
Detailed Reason (s) for cessation
Pursue other interests.
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
25/07/2016
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director and Chairman of Remuneration Committee and Nominating Committee and a member of Audit Committee.
Role and responsibilities
Fulfill the responsibility of 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)
Scorpio East Entertainment Pte Ltd
Scorpio East Multimedia Pte Ltd
Scorpio East Pictures Pte Ltd
Scorpio East Productions Pte Ltd
Singapore Koh Clan Association Ltd
KOP Limited
Koon Holdings Limited (delisted from SGX-ST on 22 September
2021)
Super Group Ltd.
San Teh Limited
Present
HSK Resources Pte. Ltd.
Lian Beng Group Ltd.
KSH Holdings Ltd.
Sheng Siong Group Ltd