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

Issuer & Securities

Issuer/ Manager
MINDCHAMPS PRESCHOOL LIMITED
Securities
MINDCHAMPS PRESCHOOL LIMITED - SG1EA6000002 - CNE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Apr-2023 00:42:12
Status
New
Announcement Sub Title
Announcement of Cessation of Independent Director
Announcement Reference
SG230414OTHRGZHX
Submitted By (Co./ Ind. Name)
Yeo Hui Leng
Designation
Group General Counsel and Company Secretary
Effective Date and Time of the event
28/04/2023 12:00:00
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director

Additional Details

Name Of Person
Phua Chin Chor
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2023
Detailed Reason (s) for cessation
As part of the Board renewal process, Mr Phua Chin Chor ("Mr Phua"), having served on the Board for around 5.5 years since the listing of the Company on 8 November 2017, will not be seeking re-election and will be retiring from the Board at the conclusion of the Annual General Meeting of the Company to be held on 28 April 2023.

Mr Phua will concurrently relinquish his roles as Chairman of the Audit Committee, member of the Remuneration Committee and member of the Nominating Committee of the Company.
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
08/11/2017
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)
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, Chairman of the Audit Committee, member of the Remuneration Committee and member of the Nominating Committee of the Company
Role and responsibilities
Responsibilities as Independent Director, Chairman of the Audit Committee, member of the Remuneration Committee and member of the Nominating Committee of the Company
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)
Nil
Present
Nil