Change - Announcement of Cessation::Announcement of Cessation as Non-Independent and Non-Executive Director
Issuer & Securities
THE HOUR GLASS LIMITED
THE HOUR GLASS LIMITED - SG1AE9000009 - AGS
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Announcement of Cessation as Non-Independent and Non-Executive Director
Submitted By (Co./ Ind. Name)
Ng Siak Yong
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Dato' Dr Jannie Chan Siew Lee as a Non-Independent and Non-Executive Director and a member of the Nominating Committee of the Board of Directors of The Hour Glass Limited.
Name Of Person
Dato' Dr Jannie Chan Siew Lee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Other business commitments
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.)
Non-Independent and Non-Executive Director
Role and responsibilities
Non-independent, non-executive director and a member of the nominating committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mother of Mr Michael Tay Wee Jin, Group Managing Director and sister of Dr Kenny Chan Swee Kheng, Group Managing Director.
Shareholding interest in the listed issuer and its subsidiaries?
See Rider A
Past (for the last 5 years)
See Rider B
Total size =629K