Change - Announcement of Cessation::Retirement of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
SBS TRANSIT LTD
Securities
SBS TRANSIT LTD - SG1F58858209 - S61
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2024 12:20:35
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director
Announcement Reference
SG240425OTHRNQK2
Submitted By (Co./ Ind. Name)
Angeline Joyce Lee Siang Pohr
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Professor Lim Seh Chun as an Independent Non-Executive Director of the Company

Additional Details

Name Of Person
Lim Seh Chun
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2024
Detailed Reason (s) for cessation
Professor Lim Seh Chun retired as an Independent Non-Executive Director at the conclusion of the Company's Annual General Meeting held on 25 April 2024 in support of the Company's board renewal plan.
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
01/10/2012
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)
7
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director and Chairman of the Sustainability and Service Quality Committee, and Member of the NRC.
Role and responsibilities
As above.
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
SBS Transit Rail Pte. Ltd.
Singapore School of Science and Technology (Chairman)