Change - Announcement of Cessation::CESSATION AS LEAD INDEPENDENT DIRECTOR
Issuer & Securities
DLF HOLDINGS LIMITED
DLF HOLDINGS LIMITED - SGXE73993458 - KUX
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
CESSATION AS LEAD INDEPENDENT DIRECTOR
Submitted By (Co./ Ind. Name)
Manfred Fan Chee Seng
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Ms Tan Pei Woon, Associate Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and Email: firstname.lastname@example.org).
Name Of Person
Wu Chiaw Ching
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Resolution relating to the re-election of Mr Wu Chiaw Ching as a Director of the Company was not passed at the annual general meeting of the Company held on 30 April 2019.
The Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that, other than disclosed in this announcement, there are no other material reasons for the cessation of Mr Wu Chiaw Ching as the 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Audit Committee as well as a member of the Nominating Committee and Remuneration Committee.
Role and responsibilities
Duties as the Lead Independent Director, Chairman of the Audit Committee as well as a member of the Nominating Committee and Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
1) Aegis Portfolio Managers Pte Ltd
2) Aegis Wealth Managers Pte. Ltd.
3) Aegis Private Capital Pte. Ltd.
4) Aegis Financial Circle Pte. Ltd.
5) Aegis Knowledge Pte. Ltd.
6) Natural Cool Holdings Limited
7) Gaylin Holdings Limited
8) K & Q Realty Pte. Ltd.
9) P99 Holdings Limited
1) Pinpoint Pte. Ltd.
2) Goodland Group Limited
3) GDS Global Limited
4) Singapore Teochew Foundation Limited
5) Singapore Shippers Academy Pte. Ltd.
6) South Grand Textiles (Private) Limited
7) Ngee Ann Development Private Limited
8) LHT Holdings Limited
9) Wu Chiaw Ching & Co, Singapore
10) Excelsior Partners, PAF, Singapore