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

Issuer & Securities

Issuer/ Manager
METRO HOLDINGS LTD
Securities
METRO HOLDINGS LIMITED - SG1I11878499 - M01
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Jul-2025 05:37:28
Status
New
Announcement Sub Title
Retirement of Non-Executive And Independent Director
Announcement Reference
SG250707OTHR7QUP
Submitted By (Co./ Ind. Name)
Tan Ching Chek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the details.

Additional Details

Name Of Person
Ng Ee Peng
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
29/07/2025
Detailed Reason (s) for cessation
As part of the Board renewal process, Mr Ng Ee Peng will be retiring by rotation pursuant to Article 94 of the Constitution of Metro Holdings Ltd. The Board and Management of Metro Holdings Ltd would like to express their gratitude to Mr Ng Ee Peng for his invaluable contributions and guidance to the Board and the Metro Group. Upon his retirement from the Board at the conclusion of the annual general meeting to be held on 29 July 2025, Mr Ng Ee Peng will also step down as a member of the Audit and Remuneration Committees.
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
13/04/2021
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)
4
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.)
A member of the Audit and Remuneration Committees.
Role and responsibilities
Non-Executive and Independent Director.
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
Other Directorships
Past (for the last 5 years)
1. ERN Investments Pte Ltd
Present
1. Sinamars Land Limited
2. Lunas Analytics.ai Pte Ltd