Change - Announcement of Cessation::Retirement of Independent Non-Executive Director - Muhammad Sameer Yousuf Khan

Issuer & Securities

Issuer/ Manager
REX INTERNATIONAL HOLDING LIMITED
Securities
REX INTERNATIONAL HOLDING LTD - SG2G04994999 - 5WH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Mar-2022 07:14:46
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director - Muhammad Sameer Yousuf Khan
Announcement Reference
SG220331OTHRL0F7
Submitted By (Co./ Ind. Name)
Dan Brostrom
Designation
Executive Director and Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Muhammad Sameer Yousuf Khan ("Mr Sameer Khan") as Independent Non-Executive Director who is Chairman of the Audit Committee and a Member of the Risk Management, Nominating and Remuneration Committees

Additional Details

Name Of Person
Muhammad Sameer Yousuf Khan
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2022
Detailed Reason (s) for cessation
Mr Sameer Khan has served on the Board for more than 8 years since his appointment as Director of the Company on 26 June 2013. In his support of board renewal, Mr Sameer Khan has indicated to the Board of Directors that he will not be seeking re-election at the forthcoming annual general meeting to be held on 29 April 2022. He will accordingly retire as an Independent Director of the Company at the conclusion of the forthcoming annual general meeting.

Upon his retirement as the Independent Director on 29 April 2022, he will also cease as Chairman of the Audit Committee, and a Member of the Risk Management, Nominating and Remuneration Committees of the Company on 29 April 2022.
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
26/06/2013
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)
2
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, Chairman of Audit Committee and Member of Risk Management, Nominating and Remuneration Committees
Role and responsibilities
Roles and responsibilities as Independent Non-Executive Director, Chairman of Audit Committee and Member of Risk Management, Nominating and Remuneration Committees
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
AIDHA Ltd
S. Khan Consultancy
Principal Asia - CFO Centre
Present
Rex International Investments Pte. Ltd.
Rex International Holdings Ltd.