Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
CFM HOLDINGS LIMITED
Securities
CFM HOLDINGS LIMITED - SG1P02915996 - 5EB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Aug-2024 18:08:56
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG240827OTHRCRWF
Submitted By (Co./ Ind. Name)
Goh Xun Er
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Stephen Poh as Independent Director.

This announcement has been prepared by the Company and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Ms. Lin Huiying, Head of Continuing Sponsorship, at 7 Temasek Boulevard, #04-02 Suntec Tower 1, Singapore 038987, telephone (65) 6950 2188.

Additional Details

Name Of Person
Stephen Poh Yong Meng
Age
80
Is effective date of cessation known?
Yes
If yes, please provide the date
28/10/2024
Detailed Reason (s) for cessation
Increased time commitments required for other matters.
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
13/01/2023
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.)
Non-Executive Independent Director; Audit Committee Member, Remuneration Committee Member and Nominating Committee Member.
Role and responsibilities
Independent Non-Executive Director of the Company.
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
Past (for the last 5 years)
1. Ecolink Pte. Ltd.
2. Liquid Health Pte. Ltd.
3. Grant Sherman Appraisal Advisory Private Limited
4. Metro Premium Steel Pte. Ltd.
Present
1. Standard Commerce Services Pte. Ltd.