Change - Announcement of Cessation::Retirement of Mr Wong Meng Yeng as a Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
KEONG HONG HOLDINGS LIMITED
Securities
KEONG HONG HOLDINGS LIMITED - SG2D92977651 - 5TT
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Jan-2020 17:29:39
Status
New
Announcement Sub Title
Retirement of Mr Wong Meng Yeng as a Non-Executive Independent Director
Announcement Reference
SG200121OTHR24VT
Submitted By (Co./ Ind. Name)
Lo Swee Oi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Wong Meng Yeng as a Non-Executive Independent Director

Additional Details

Name Of Person
Wong Meng Yeng
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
21/01/2020
Detailed Reason (s) for cessation
As part of the Board renewal plan, Mr Wong Meng Yeng has retired pursuant to Article 117 of the Constitution at the close of the Company's Annual General Meeting held on 21 January 2020. Upon his retirement, he also ceased to serve as a Chairman of the Remuneration Committee and member of the Audit and Nominating Committees. The Board expresses its appreciation to Mr Wong Meng Yeng for his dedication and invaluable contributions during his tenure of service.
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
22/11/2011
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, Chairman of the Remuneration Committee and member of the Audit Committee and Nominating Committee.
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?
No
Past (for the last 5 years)
KS Energy Limited
Present
Baker Technology Limited
Multi-Chem Limited