Change - Announcement of Cessation::Cessation of Appointment of Non-Executive and Non-Independent Director

Issuer & Securities

Issuer/ Manager
SEATRIUM LIMITED
Securities
SEATRIUM LTD - SGXE34184239 - 5E2
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Apr-2025 18:25:10
Status
New
Announcement Sub Title
Cessation of Appointment of Non-Executive and Non-Independent Director
Announcement Reference
SG250423OTHRJNYO
Submitted By (Co./ Ind. Name)
Looi Lee Hwa
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Mr Nagi Hamiyeh has stepped down as non-executive and non-independent director with effect from 23 April 2025. Consequently, Mr Nagi ceased to be a member of the Audit and Risk Committee, Nomination and Remuneration Committee and Transformation Committee.

Additional Details

Name Of Person
Nagi Hamiyeh
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
23/04/2025
Detailed Reason (s) for cessation
Mr Nagi stepped down primarily due to his work commitments.
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
28/02/2023
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director
Role and responsibilities
Mr Nagi is a Non-Executive and Non-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)
Dream International BV (Director)
Kyanite Investment Holdings Pte. Ltd. (Director)
Kyanite Investment Holdings (I) Pte. Ltd. (Director)
Lebanese International Finance Executives (Board Member)
Olam Agri Holdings Pte. Ltd. (Director)
Sheares Healthcare Group of Companies (Director)
Sigma Healthcare Management (Director)
Startree Investments Pte. Ltd. (Director)
Tana Africa Capital (Director)
Tana Africa Investment Managers (Board Member)
Present
EM Topco Limited (Director)
OFI Group Ltd (Director)
Olam Group Limited (Director)
Sembcorp Industries Ltd (Director)