Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
CHEMICAL INDUSTRIES (FAR EAST) LIMITED.
Securities
CHEMICAL INDUSTRIES (F.E.) LTD - SG1B37000984 - C05
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Jun-2017 17:18:11
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG170630OTHRXBRO
Submitted By (Co./ Ind. Name)
Foo Soon Soo
Designation
Company Secretary
Effective Date and Time of the event
30/06/2017 17:00:00
Description (Please provide a detailed description of the event in the box below)
Announcement of retirement of Independent Director

Additional Details

Name Of Person
Valerie Ong Choo Lin
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2017
Detailed Reason (s) for cessation
Having held office for more than 9 years, Ms. Valerie Ong Choo Lin has opted not to stand for re-election. Ms. Valerie Ong retired as an Independent Director at the Annual General Meeting held on 30 June 2017.
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
25/01/2006
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director; a member of the Audit and Nominating Committees
Role and responsibilities
Non-Executive
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)
Sarine Technologies Ltd.
Present
Sarine Technologies Ltd.