Change - Announcement of Cessation::Retirement of Independent Director at Annual General Meeting

Issuer & Securities

Issuer/ Manager
MEDTECS INTERNATIONAL CORP LTD
Securities
MEDTECS INTERNATIONAL CORP LTD - BMG5958R1043 - 546
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Apr-2024 21:22:11
Status
New
Announcement Sub Title
Retirement of Independent Director at Annual General Meeting
Announcement Reference
SG240430OTHRGX4M
Submitted By (Co./ Ind. Name)
Clement Yang Ker-Cheng
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Ms Carol Yang Xiao-Qing as an Independent Director at Annual General Meeting.

This document has been prepared by the Company and its contents have been reviewed by the Company's sponsor, R & T Corporate Services Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange").

This document has not been examined or approved by the Exchange. The Exchange assumes no responsibility for the contents of this document including the correctness of any of the statements or opinions made or reports contained in this document.

The contact persons for the Sponsor are Ms Evelyn Wee (Telephone Number: +65 6232 0724) and Mr. Howard Cheam Heng Haw (Telephone Number: +65 6232 0685), R & T Corporate Services Pte. Ltd., at 9 Straits View, Marina One West Tower, #06-07 Singapore 018937.

Additional Details

Name Of Person
Carol Yang Xiao-Qing
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2024
Detailed Reason (s) for cessation
Ms Carol Yang Xiao-Qing ("Ms Carol Yang") has served on the Board for more than nine years from the date of her first appointment. In compliance with Rule 406(3)(d)(iv) of the Catalist Rules which imposed a hard tenure limit for independent directors of nine years beyond which, such directors will no longer be considered independent, Ms Carol Yang retired after the conclusion of the Annual General Meeting of the Company held on 30 April 2024.
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
01/05/2005
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)
1
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.)
Independent Director
Chairman of the Nominating Committee
Member of the Audit Committee
Member of the Remuneration Committee
Role and responsibilities
Duties as an Independent Director, Chairman and member of the Board Committees on which she has served.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Not Applicable.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
NIL
Present
NIL