Change - Announcement of Cessation::Cessation of Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
ENVIRO-HUB HOLDINGS LTD.
Securities
ENVIRO-HUB HOLDINGS LTD - SG1G27865383 - L23
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Dec-2023 17:17:11
Status
New
Announcement Sub Title
Cessation of Non-Executive Independent Director
Announcement Reference
SG231229OTHRBVD3
Submitted By (Co./ Ind. Name)
Adrian Toh
Designation
Executive Director Cum CIO
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Samuel Poon Hon Thang ("Mr Poon") as Non-Executive Independent Director. Following the cessation, Mr Poon will cease to be the Lead Independent Director, the Chairman of the Nominating Committee and a member of the Audit and Remuneration Committees.

Additional Details

Name Of Person
Samuel Poon Hon Thang
Age
74
Is effective date of cessation known?
Yes
If yes, please provide the date
29/12/2023
Detailed Reason (s) for cessation
Cessation to facilitate Board renewal and pursuant to the mandatory maximum 9-year tenure for Independent Directors under Listing Rule requirement.

The Board and Management of the Enviro-hub Group would like to record their sincere appreciation and thanks to Mr Samuel Poon Hon Thang for his invaluable contributions to the Company's/Group's development over the years and wish him well for the future.
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
26/09/2006
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, Lead Independent Director, Chairman of Nominating Committee and a member of Audit and Remuneration Committees.

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
923,333 shares in Enviro-Hub Holdings Ltd
Past (for the last 5 years)
Irodori Japanese Restaurant Pte Ltd
Soilbuild Construction Group Ltd
Present
UOL Group Limited
Ping An Fund Management Co Ltd