Change - Announcement of Cessation::Cessation of Lead Independent Director

Issuer & Securities

Issuer/ Manager
HONG FOK CORPORATION LIMITED
Securities
HONG FOK CORPORATION LTD - SG1J14885763 - H30
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Mar-2022 17:50:41
Status
New
Announcement Sub Title
Cessation of Lead Independent Director
Announcement Reference
SG220331OTHRZ9OM
Submitted By (Co./ Ind. Name)
Lo Swee Oi / Koh Chay Tiang
Designation
Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Mr Chow Yew Hon has stepped down as a Lead Independent Director and relinquished from his positions as the Chairman of the Remuneration Committee, and a member of the Nominating Committee and Audit and Risk Management Committee.

Additional Details

Name Of Person
Chow Yew Hon
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2022
Detailed Reason (s) for cessation
Mr Chow Yew Hon has served on the Board for close to 9 years and has decided to step down as part of the Board renewal process.
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
01/04/2013
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Remuneration Committee and Member of the Nominating Committee and Audit and Risk Management Committee.
Role and responsibilities
Lead Independent Director and also Chairman of the Remuneration Committee and Member of the Nominating Committee and Audit and Risk Management Committee.
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)
Nil
Present
Nil