Change - Announcement of Cessation::Retirement of Mr Anthony Michael Dean as an Independent Director

Issuer & Securities

Issuer/ Manager
DELFI LIMITED
Securities
DELFI LIMITED - SG1Q25921608 - P34
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Apr-2023 17:22:59
Status
New
Announcement Sub Title
Retirement of Mr Anthony Michael Dean as an Independent Director
Announcement Reference
SG230406OTHR1FRU
Submitted By (Co./ Ind. Name)
Siau Kuei Lian
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to below information.

Additional Details

Name Of Person
Anthony Michael Dean
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2023
Detailed Reason (s) for cessation
As part of the Board rejuvenation process and good governance practice, Mr Anthony Michael Dean ("Mike") will be retiring as an Independent Director of the Company pursuant to Regulation 104 of the Company's Constitution at the conclusion of the Company's Annual General Meeting to be held on 25 April 2023.

Accordingly, he shall relinquish his position as Chairman of the Audit Committee, Chairman of the Risk Management Committee and member of the Nominating Committee.

The Company would like to express its gratitude and appreciation towards Mike's valuable contributions to the Board during his tenure.
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
06/05/2005
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)
0
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 Director, Chairman of the Audit Committee, Chairman of the Risk Management Committee and member of the Nominating Committee
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
50,000 ordinary shares in Delfi Limited
Other Directorships
Past (for the last 5 years)
Myanmar Investments International Ltd
Myanmar Investments Ltd
MIL Management Pte Ltd
MIL Management Co., Ltd
MIL 3 Pte Ltd
Medicare International Health and Beauty Pte Ltd
Present
Consulsis Limited
Consulsis Pte. Ltd.