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

Issuer & Securities

Issuer/ Manager
YONGMAO HOLDINGS LIMITED
Securities
YONGMAO HOLDINGS LIMITED - SG1CB9000001 - BKX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Jul-2024 21:17:02
Status
New
Announcement Sub Title
Retirement of Non-Executive and Independent Director
Announcement Reference
SG240711OTHRN0J1
Submitted By (Co./ Ind. Name)
Siau Kuei Lian
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Dr Steve Lai Mun Fook as Non-Executive and Independent Director

Additional Details

Name Of Person
Steve Lai Mun Fook
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
29/07/2024
Detailed Reason (s) for cessation
Dr Steve Lai Mun Fook, who is due to retire at the Company's Annual General Meeting ("AGM") pursuant to Regulation 117 of the Constitution of the Company, will not seek for re-election as a Director at the conclusion of the AGM.
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
28/12/2007
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
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.)
Non-Executive and Independent Director, Chairman of Nominating Committee and a Member of Audit Committee and Remuneration Committee
Role and responsibilities
Non-Executive and Independent Director, Chairman of Nominating Committee and a Member of Audit Committee and Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
1) Intraco Limited
Present
1) 3dense Media School Pte. Ltd.
2) Singapore Institute of Power and Gas Pte. Ltd.
3) 17Live Group Limited