Change - Announcement of Cessation::Retirement of Independent Director - Dr Lee Kong Ting

Issuer & Securities

Issuer/ Manager
CSE GLOBAL LIMITED
Securities
CSE GLOBAL LTD - SG1G47869290 - 544
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Apr-2025 18:38:42
Status
New
Announcement Sub Title
Retirement of Independent Director - Dr Lee Kong Ting
Announcement Reference
SG250421OTHRGZP7
Submitted By (Co./ Ind. Name)
Lai Kuan Loong Victor
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Director - Dr Lee Kong Ting

Additional Details

Name Of Person
Dr Lee Kong Ting
Age
76
Is effective date of cessation known?
Yes
If yes, please provide the date
21/04/2025
Detailed Reason (s) for cessation
Dr Lee Kong Ting ("Dr Lee") has served on the Board since 1 February 2017 and would be approaching the nine years tenure. In view of the aforesaid, Dr Lee has indicated his intention to retire at the conclusion of the Annual General Meeting held on 21 April 2025 (the "AGM"). Accordingly, Dr Lee retired as Independent Director at the conclusion of the AGM and consequently ceased to be a member of the Audit and Risk 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
01/02/2017
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)
4
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 Director and member of the Audit and Risk Committee
Role and responsibilities
Independent Director and member of the Audit and Risk 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
Past (for the last 5 years)
Nil
Present
Nil