Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
CORTINA HOLDINGS LIMITED
Securities
CORTINA HOLDINGS LIMITED - SG1M59904946 - C41
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Jul-2024 17:27:00
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG240711OTHRBX16
Submitted By (Co./ Ind. Name)
Foo Soon Soo
Designation
Company Secretary
Effective Date and Time of the event
26/07/2024 00:00:00
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Foo See Jin as Independent Director of the Company.

Additional Details

Name Of Person
Foo See Jin
Age
76
Is effective date of cessation known?
Yes
If yes, please provide the date
26/07/2024
Detailed Reason (s) for cessation
Mr Foo See Jin, Michael has served as a director for more than 9 years and will cease to be independent pursuant to Listing Rule 210(5)(d)(iv). He has notified the Board of his retirement at the conclusion of the forthcoming annual general meeting to be held on 26 July 2024.
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
Please refer to the announcements on the retirements of Mr Lau Ping Sum Pearce and Mr Chin Sek Peng Michael. The Board is in the process of seeking suitable candidates for appointment as Independent Directors.
Date of Appointment to current position
15/12/1972
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director and member of Remuneration Committee.
Role and responsibilities
Independent Director and member of Remuneration Committee.
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
Direct interest of 7,107,320, 4.292%
Past (for the last 5 years)
Nil
Present
Nil