Change - Announcement of Cessation::Resignation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
HEALTHBANK HOLDINGS LIMITED
Securities
HEALTHBANK HOLDINGS LIMITED - SG1AA4000002 - 40B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Nov-2022 19:39:41
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director
Announcement Reference
SG221115OTHRYUSY
Submitted By (Co./ Ind. Name)
Peng Fei
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Non-Executive Director

This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Lee Khai Yinn (Tel: +65 6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Additional Details

Name Of Person
Oh Pei Si
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
15/11/2022
Detailed Reason (s) for cessation
Due to health reasons, Ms Oh Pei Si ("Ms Oh") wishes to reduce her commitments.

Ms Oh tendered her resignation on 14 November 2022. The Company has considered the request by Ms Oh that the resignation will be effective immediately and mutually agreed for her last day of employment to be 15 November 2022.

Following the aforesaid cessation, Ms Oh shall also relinquish her position as a member of the Audit, Remuneration and Nominating Committees of the Company.

Based on its enquires, the Company's sponsor, SAC Capital Private Limited, is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Ms Oh Pei Si as an Independent Non-Executive Director of the Company.

The Company expresses its gratitude to Ms Oh for her valuable contributions during her tenure of service.
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?
Yes
If Yes, Please provide full details
The Board will endeavor to fill the vacancy in the Board Committees, within 2 months, in any case no later than 3 months, to comply with Rule 704(7) of the Catalist Rules.
Date of Appointment to current position
18/01/2021
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director and Member of the Audit, Remuneration and Nominating Committees
Role and responsibilities
Independent Non-Executive Director and Member of the Audit, Remuneration and Nominating Committees
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)
BWP Meruap Pie. Limited
ACG (South Bengara-II) Pte. Ltd.
Advansity Techqore Pte. Ltd.
Hydrocam Engineering Pte. Ltd.
Vistaccel Pte. Ltd.
Regnant Consulting Pte. Ltd.
Present
Tiangong Engineering and Consultancy Pte. Ltd.