Change - Announcement of Cessation::Resignation of Independent Non-Executive Director - Chia Chor Leong

Issuer & Securities

Issuer/ Manager
SOUTHERN PACKAGING GROUP LIMITED
Securities
SOUTHERN PACKAGING GROUP LTD - SG1CG0000009 - BQP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Feb-2024 17:47:07
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director - Chia Chor Leong
Announcement Reference
SG240220OTHRDXKY
Submitted By (Co./ Ind. Name)
Pan Shun Ming
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Chia Chor Leong as Independent Non-Executive Director

Additional Details

Name Of Person
Chia Chor Leong
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
23/02/2024
Detailed Reason (s) for cessation
Mr Chia Chor Leong ("Mr Chia") has served on the Board for more than 9 years since his appointment as Director of the Company on 10 October 2014. As part of the Board renewal process and to comply with Rule 210(5)(d)(iv) of the Listing Manual of the SGX-ST, Mr Chia has tendered his resignation as a Director of the Company with effect from 23 February 2024. Concurrently, he will relinquish his position as Chairman of Nominating Committee and Member of Audit and Remuneration Committees with effect from 23 February 2024.
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
10/10/2014
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of Nominating Committee and Member of Audit and Remuneration Committees
Role and responsibilities
Roles and responsibilities as Independent Non-Executive Director, Chairman of Nominating Committee and Member of Audit and Remuneration Committees
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)
Directorships
Nil

Other Principal Commitments
Nil
Present
Directorships
- Frencken Group Limited

Other Principal Commitments
- Chairman of External Placement Review Board
- Member of Ministry of Home Affairs, Singapore