Change - Announcement of Cessation::Retirement of Non-Executive Independent Director - Tay Kah Chye

Issuer & Securities

Issuer/ Manager
WILMAR INTERNATIONAL LIMITED
Securities
WILMAR INTERNATIONAL LIMITED - SG1T56930848 - F34
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Mar-2023 07:07:18
Status
New
Announcement Sub Title
Retirement of Non-Executive Independent Director - Tay Kah Chye
Announcement Reference
SG230329OTHRJTJJ
Submitted By (Co./ Ind. Name)
Teo La-Mei
Designation
Director and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Non-Executive Independent Director - Tay Kah Chye

Additional Details

Name Of Person
Tay Kah Chye
Age
76
Is effective date of cessation known?
Yes
If yes, please provide the date
20/04/2023
Detailed Reason (s) for cessation
Mr Tay Kah Chye, a Non-Executive and Independent Director of Wilmar International Limited (the "Company"), will be retiring upon the conclusion of the Company's Annual General Meeting on 20 April 2023 and will not be seeking re-election. Mr Tay was first appointed to the Board on 14 July 2006 and has served more than 16 years on the Wilmar Board.

Mr Tay will cease to be the Chairman and member of the Audit Committee as well as a member of each of the Risk Management Committee, Nominating Committee and Remuneration Committee.

The Board wishes to extend its heartfelt thanks and deepest appreciation to Mr Tay for his dedication and valuable contributions during his tenure on the Board.
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
14/07/2006
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)
5
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 Independent Director, AC Chairman and member and a member of each of the RMC, NC and RC.
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
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
600,000 shares in the Company
Other Directorships
Past (for the last 5 years)
- Chemical Industries (Far East) Ltd (Director)
- Asiatravel.com Holdings Ltd (Lead Independent Director)
Present
- CLMV Consult Net Private Limited (Executive Chairman)
- PATA International Enterprise Private Limited (Chief Executive Officer)
- PATA Consultancy Private Limited (Chief Executive Officer)
- Asiatic Group (Holdings) Limited (Independent Non-Executive Chairman)