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

Issuer & Securities

Issuer/ Manager
NEW TOYO INTERNATIONAL HOLDINGS LTD
Securities
NEW TOYO INT HLDGS LTD - SG1E32850828 - N08
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Jun-2020 18:02:55
Status
New
Announcement Sub Title
Retirement of Non-Executive and Lead Independent Director
Announcement Reference
SG200609OTHRK1CG
Submitted By (Co./ Ind. Name)
Lee Wei Hsiung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see below.

Additional Details

Name Of Person
Lim Teck Leong David
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
24/06/2020
Detailed Reason (s) for cessation
Retiring and not seeking re-election at the forthcoming Annual General Meeting.
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
27/03/2014
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.)
Non-Executive and Lead Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee.
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
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
1. Brixham Services Limited
2. Croesus Retail Trust
3. Haddington Investment Pte Ltd
4. India Roads Trust Investments Pte Ltd
5. Inventa Technologies (S) Pte. Ltd.
6. LH Group Limited (now known as Pacific Star Development Limited)
7. L&T IDPL Trustee Manager Pte. Ltd.
8. Mahakarya Offshore Services Pte. Ltd.
9. Manalagi Investments Limited
10. Pan Asia Mobile (M) Sdn Bhd
11. Sandvik Investments Limited
12. Tien Wah Press Holdings Berhad
13. Twin Energy Limited
14. T.M. Tarah Pte. Ltd.
15. Growth Asia Investments (Indonesia) Limited
16. PT Cybermax Indonesia
17. PT Multi Production Solution
Present
1. Argo Group Pte. Ltd.
2. Cepu Pte. Ltd.
3. Cybermax Pte. Ltd.
4. David Lim & Partners LLP
5. Dandelion Investment Holdings Limited
6. Eastlog Holding Pte. Ltd.
7. Eastlog Project Services Sdn Bhd
8. Eastlog Projects Limited
9. Eruca Limited
10. Growth Asia Investments Limited
11. G.K. Goh Holdings Limited
12. Indo Port Holding Pte. Ltd.
13. Joy Big Investments Limited
14. LCG Holdings Pte. Ltd.
15. Mezzanine Holdings Limited
16. New Toyo International Holdings Limited
17. PT Bahari Sindo Persada
18. PT Eastern Logistics
19. PT East Java Development
20. PT Peak Energy
21. Quad Energy Pte. Ltd.
22. Racha Resort Co Ltd
23. Wellcorp Holdings Pte. Ltd.
24. Wong Circuits (Holdings) Pte. Ltd.
25. Allium Healthcare (Singapore) Pte. Ltd.
26. Capital 1818 Pte. Ltd.
27. Spink (Asia) Pte. Ltd.
28. Elite Commercial REIT Management Pte. Ltd.