Change - Announcement of Cessation::Resignation of Independent Non-Executive Director - Ms Lim Qing Ru

Issuer & Securities

Issuer/ Manager
META HEALTH LIMITED
Securities
META HEALTH LIMITED - SG1O81915033 - 5DX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2024 23:51:38
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director - Ms Lim Qing Ru
Announcement Reference
SG240429OTHRDQPN
Submitted By (Co./ Ind. Name)
Lee Wei Hsiung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Ms Lim Qing Ru as an Independent Non-Executive Director of the Company.

This announcement has been prepared by Meta Health Limited (the "Company") and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Alex Tan, Chief Executive Officer, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Additional Details

Name Of Person
Lim Qing Ru
Age
39
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2024
Detailed Reason (s) for cessation
Ms Lim Qing Ru ("Ms Lim") tendered her resignation to the Company on 29 April 2024 and stated that her resignation as an Independent Non-Executive Director of the Company would be with immediate effect from 28 April 2024. Ms Lim cited a lack of confidence in the Chief Executive Officer as well as shareholders' action as her reasons for resignation.

Following Ms Lim's cessation, she ceased to be a member of the Audit Committee, the Nominating Committee and the Remuneration Committee.

After having interviewed Ms Lim and to the best of its knowledge, the Company's sponsor, ZICO Capital Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for the resignation of Ms Lim as an Independent Non-Executive Director of the Company.
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
01/11/2023
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director and a member of the Audit Committee, the Nominating Committee and the Remuneration Committee.
Role and responsibilities
Assumed the roles and responsibilities as an Independent Non-Executive Director and a member of the Audit Committee, the Remuneration Committee and the Nominating Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None.
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
Action Community for Entrepreneurship (ACE) Ltd.
True Global Ventures 4 Plus Pte. Ltd.
Present
Senectus Pte. Ltd.
AC S721 Pte. Ltd.
True Global Ventures 4 Plus GP LLP (Partner)