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

Issuer & Securities

Issuer/ Manager
HONG LEONG FINANCE LIMITED
Securities
HONG LEONG FINANCE LIMITED - SG1M04001939 - S41
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2021 17:33:01
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director
Announcement Reference
SG210429OTHRRMXF
Submitted By (Co./ Ind. Name)
Yeo Swee Gim, Joanne
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Raymond Lim as a Director at the 61st Annual General Meeting of the Company held on 29 April 2021 ("AGM")

Additional Details

Name Of Person
Raymond Lim Siang Keat
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2021
Detailed Reason (s) for cessation
Mr Raymond Lim Siang Keat retired as a Director at the Company's AGM pursuant to the Constitution of the Company. Consequent to his cessation as a Director, he also ceased to be a member of each of the Executive Committee ("Exco") and Board Risk Committee ("BRC").
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
01/03/2012
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)
4
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 Non-Executive Director
Member of each of the Exco and BRC

Role and responsibilities
As above
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)
GIC Private Limited
IAG Re Australia Limited
Insurance Australia Group Limited
Present
APS Asset Management Pte Ltd
Raffles Medical Group Limited
Swire Properties Limited