Change - Announcement of Cessation::RETIREMENT OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
OXLEY HOLDINGS LIMITED
Securities
OXLEY HOLDINGS LIMITED - SG2F25986140 - 5UX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Oct-2024 22:58:31
Status
New
Announcement Sub Title
RETIREMENT OF INDEPENDENT DIRECTOR
Announcement Reference
SG241029OTHRRZRB
Submitted By (Co./ Ind. Name)
Ching Chiat Kwong
Designation
Executive Chairman and CEO
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Director - Mr Phua Sian Chin

Additional Details

Name Of Person
Phua Sian Chin
Age
74
Is effective date of cessation known?
Yes
If yes, please provide the date
29/10/2024
Detailed Reason (s) for cessation
Mr Phua Sian Chin has served on the Board for more than nine years and has ceased to be considered independent upon the conclusion of the Company's Annual General Meeting held on 29 October 2024, pursuant to Rule 210(5)(d)(iv) of the Listing Manual of the Singapore Exchange Securities Trading Limited. Mr Phua has retired from office at the close of the said Annual General Meeting. Upon his retirement, he has ceased to be an Independent Director, Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee.
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
28/09/2010
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)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Nominating Committee and member of the Audit Committee and Remuneration Committee
Role and responsibilities
Duties of Independent Director, Chairman of the Nominating Committee and member of the Audit Committee and Remuneration 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)
None
Present
None