Change - Announcement of Cessation::Cessation of Directorship and Membership of AC, NC and RC

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS INSURANCE LIMITED
Securities
UNITED OVERSEAS INSURANCE LTD - SG1M91002014 - U13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Aug-2021 22:23:46
Status
New
Announcement Sub Title
Cessation of Directorship and Membership of AC, NC and RC
Announcement Reference
SG210818OTHRNNPZ
Submitted By (Co./ Ind. Name)
Mrs Vivien Chan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Directorship and Membership of Audit Committee, Nominating Committee and Remuneration Committee with effect from 1 September 2021.

Additional Details

Name Of Person
Yang Soo Suan
Age
85
Is effective date of cessation known?
Yes
If yes, please provide the date
01/09/2021
Detailed Reason (s) for cessation
Mr Yang Soo Suan will retire with effect from 1 September 2021 to facilitate renewal of the Board.
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
20/03/1991
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director (AC, RC & NC)

*Non-Independent under CG Reg 2013; Independent under SGX-ST Listing Rules, MAS CG Guidelines & 2018 CG Code
Role and responsibilities
Roles and Responsibilities are those of a Member of the Board, AC, RC and NC.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
Singapore Land Group Limited