Change - Announcement of Cessation::Resignation of Non-Executive and Independent Director
Issuer & Securities
SAKAE HOLDINGS LTD.
SAKAE HOLDINGS LTD. - SG1O42912715 - 5DO
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Non-Executive and Independent Director
Submitted By (Co./ Ind. Name)
Shu Kwan Chyuan
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Mr Pek Eng Leong has resigned as Non-Executive Independent Director of the Company with effect from 6 July 2020. Consequently, Mr Pek Eng Leong ceased as Chairman of the Nominating Committee and a member of the Audit Committee.
Name Of Person
Pek Eng Leong
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To focus on professional and personal commitments after Mr Pek Eng Leong has taken on a new career.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Nominating Committee and a member of the Audit Committee
Role and responsibilities
Fulfilling the responsibilities of an Independent Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Chicky & Olive Learning Centre Pte. Ltd.
Chicky & Olive Papillon LLP
Matricxs Singapore Pte. Ltd.
Pek Investments Pte Ltd