Change - Announcement of Cessation::Cessation of Chairman and Independent Director

Issuer & Securities

Issuer/ Manager
NERA TELECOMMUNICATIONS LTD
Securities
NERATELECOMMUNICATIONS LTD - SG1I64883495 - N01
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Dec-2022 17:47:55
Status
New
Announcement Sub Title
Cessation of Chairman and Independent Director
Announcement Reference
SG221214OTHR435V
Submitted By (Co./ Ind. Name)
Chan Wan Mei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Chairman and Independent Director

Additional Details

Name Of Person
Wong Su-Yen
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
23/12/2022
Detailed Reason (s) for cessation
Ms Wong Su-Yen ("Ms Wong") would attain 9 years of serving on the Board on 23 December 2022. Ms Wong has decided to step down and resign to facilitate Board renewal.

Following her resignation on 23 December 2022, Ms Wong would contemporaneously relinquish her position as the Chairman of the Board, Chairman of the Nominating Committee and a member of the Remuneration Committee.
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
23/12/2013
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
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Board, Chairman of the Nominating Committee and member of the Remuneration Committee.
Role and responsibilities
Non-Executive and Independent.
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)
1. MediaCorp Pte Ltd
2. CPA Australia
Present
1. Pegasus Asia
2. CSE Global Limited
3. First Resources Limited
4. Yoma Strategic Holdings Ltd.
5. Info-communications Media Development Authority of Singapore (IMDA)
6. Kemin Industries, Inc.
7. PeopleStrong HR Services Pvt. Ltd
8. PeopleStrong Pte Ltd
9. Bronze Phoenix Pte Ltd
10. NTUC First Campus
11. The Teng Ensemble Ltd
12. National Kidney Foundation
13. Singapore Institute of Directors