Change - Announcement of Cessation::Announcement of Cessation

Issuer & Securities

Issuer/ Manager
HOE LEONG CORPORATION LTD.
Securities
HOE LEONG CORPORATION LTD. - SG1S47927920 - H20
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Sep-2019 17:19:43
Status
New
Announcement Sub Title
Announcement of Cessation
Announcement Reference
SG190930OTHRUTAM
Submitted By (Co./ Ind. Name)
Kuah Geok Lin
Designation
Chairman & CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Yeoh Seng Huat Geoffrey as an Independent Director of the Company.

Additional Details

Name Of Person
Yeoh Seng Huat Geoffrey
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
30/09/2019
Detailed Reason (s) for cessation
1. Board Renewal; and
2. Cost reduction.
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
02/01/2015
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)
3
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.)
Lead Independent Director, Chairman of the Nominating Committee, Member of the Audit and Remuneration Committees.
Role and responsibilities
Responsibilities of a Lead Independent Director, Chairman of the Nominating Committee and Member of the Audit and Remuneration Committees.
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
1. Global Testing Corporation Limited
2. World Class Global Limited