Change - Announcement of Cessation::CESSATION AS NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
TEE LAND LIMITED
Securities
TEE LAND LIMITED - SG2F79993489 - S9B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Feb-2020 20:34:52
Status
New
Announcement Sub Title
CESSATION AS NON-EXECUTIVE DIRECTOR
Announcement Reference
SG200203OTHR9OI2
Submitted By (Co./ Ind. Name)
Ng Tah Wee
Designation
Financial Controller and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation as Non-Executive Director

Additional Details

Name Of Person
Dato Timothy Ong Teck Mong
Age
67
Is effective date of cessation known?
No
If No, please advise when the date will be announced
Resignation will be effective on the date falling immediately after the despatch of offeree circular
Detailed Reason (s) for cessation
To facilitate board renewal in view of the change of control of the Company arising from the mandatory unconditional offer as announced on 3 February 2020.
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
15/05/2013
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)
3
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.)
Non-Executive Director
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
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
TEE Land Limited
664,885 ordinary shares
Past (for the last 5 years)
Please see Annexure B
Present
Please see Annexure A

Attachments

Annexure A - Dato Timothy Ong_current directorship.pdf
Annexure B - Dato Timothy Ong_past 5 years directorship.pdf
Total size =48K