Change - Announcement of Cessation::RESIGNATION OF INDEPENDENT NON-EXECUTIVE CHAIRMAN - FADILAH BINTI BAHARIN

Issuer & Securities

Issuer/ Manager
LMS COMPLIANCE LTD.
Securities
LMS COMPLIANCE LTD. - SGXE55274299 - LMS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Dec-2024 14:28:11
Status
New
Announcement Sub Title
RESIGNATION OF INDEPENDENT NON-EXECUTIVE CHAIRMAN - FADILAH BINTI BAHARIN
Announcement Reference
SG241231OTHR0FE2
Submitted By (Co./ Ind. Name)
Ooi Shu Geok
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (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, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Additional Details

Name Of Person
Fadilah Binti Baharin
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
01/01/2025
Detailed Reason (s) for cessation
Datuk Fadilah Binti Baharin ("Datuk Fadilah") has informed the board of directors ("Board" or "Directors") of LMS Compliance Ltd. (the "Company") of her intention to resign as the Independent Non-Executive Chairman of the Board of the Company with effect from 1 January 2025, to focus on her personal commitments ("Resignation"). Following the Resignation, Datuk Fadilah will also cease to be a member of the Audit Committee and the Remuneration Committee.

After having interviewed Datuk Fadilah, and to the best of its knowledge, the Company's Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the Resignation of Datuk Fadilah.
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
26/09/2022
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Chairman, member of the Audit Committee and the Remuneration Committee
Role and responsibilities
Assumed the roles and responsibilities of the Independent Non-Executive Chairman, as well as a member of the Audit Committee and the 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
Past (for the last 5 years)
1.) MY CO2 Sdn. Bhd.
2.) International Organisation for Standardisation
Present
1.) IPEC Global Legacy Foundation
2.) NanoVerify Sdn. Bhd.