Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
DON AGRO INTERNATIONAL LIMITED
Securities
DON AGRO INTERNATIONAL LIMITED - SGXE78822223 - GRQ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Jun-2023 20:34:48
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG230613OTHRU42Z
Submitted By (Co./ Ind. Name)
Marat Devlet-Kildeyev
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Independent Director.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. ("Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited ("Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr Joseph Au, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name Of Person
TAN HAN BENG
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2023
Detailed Reason (s) for cessation
Mr Tan Han Beng ("Mr Tan") has resigned as a director of the Company due to work and other personal commitments.

After having interviewed Mr Tan and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Tan as an Independent Non-Executive Director of the Company.

The Company is currently assessing suitable candidates to fill the vacancy to meet the minimum number of members within the Audit and Risk Committee of the Company pursuant to the Catalist Rules.
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
28/06/2019
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the Audit and Risk Committee, and members of the Nominating Committee and Remuneration Committee.
Role and responsibilities
Non-Executive Director, Chairman of the Audit and Risk Committee, and members of the Nominating Committee and Remuneration Committee.
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
Other Directorships
Past (for the last 5 years)
Kitchen Culture Holdings Ltd
Present
1. Challenger Technologies Limited
2. Old Chang Kee Ltd