Change - Announcement of Cessation::Announcement of Cessation of Board Chairman and Director

Issuer & Securities

Issuer/ Manager
GREAT EASTERN HOLDINGS LIMITED
Securities
GREAT EASTERN HLDGS LTD - SG1I55882803 - G07
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Mar-2023 00:01:20
Status
New
Announcement Sub Title
Announcement of Cessation of Board Chairman and Director
Announcement Reference
SG230320OTHRDPC3
Submitted By (Co./ Ind. Name)
Jennifer Wong Pakshong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Board Chairman and Director.

Additional Details

Name Of Person
Koh Beng Seng
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
21/04/2023
Detailed Reason (s) for cessation
Mr Koh Beng Seng is stepping down at the conclusion of the Company's Annual General Meeting scheduled to be held on 21 April 2023, after having served on the Board of the Company for more than 15 years, 8 of which as the Chairman of the Board.

Mr Koh Beng Seng will, upon his cessation, relinquish his roles as Chairman of the Executive and Risk Management Committees and a member of the Nominating, Remuneration and Sustainability Committees.
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
02/01/2008
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)
6
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.)
Board Chairman
Chairman of the Executive and Risk Management Committees
Member of the Nominating, Remuneration and Sustainability Committees
Role and responsibilities
Chairman, Non-Executive and Non-Independent Director
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?
No
Past (for the last 5 years)
Director, Oversea-Chinese Banking Corporation Limited
Director, Hon Sui Sen Endowment CLG Limited
Member, Lien Ying Chow Legacy Fellowship Council
Present
Chairman, Great Eastern General Insurance Limited
Chairman, The Great Eastern Life Assurance Company Limited
Director, Bank of China (Hong Kong) Limited
Director, BOC Hong Kong (Holdings) Limited
Chief Executive Officer, Octagon Advisors Pte Ltd
Member, China Banking Association in China, Expert Committee
Member, Lingnan (University) College, Sun Yat-sen University in China, International Advisory Board

Attachments

Great Eastern announces new Board Chairman on 21 March 2023.pdf
Total size =320K