Change - Announcement of Cessation::CESSATION OF DIRECTOR

Issuer & Securities

Issuer/ Manager
M DEVELOPMENT LTD.
Securities
M DEVELOPMENT LTD. - SG1M54904800 - N14
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Jun-2019 17:55:16
Status
New
Announcement Sub Title
CESSATION OF DIRECTOR
Announcement Reference
SG190620OTHRKNWX
Submitted By (Co./ Ind. Name)
HUANG WEN-LAI
Designation
EXECUTIVE CHAIRMAN AND EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)
CESSATION OF DIRECTOR

Additional Details

Name Of Person
DALI KUMAR BIN SARDAR
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
19/06/2019
Detailed Reason (s) for cessation
Due to personal reason.
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
04/08/2003
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Remuneration and Nominating Committees and member of the Audit Committee.
Role and responsibilities
Duties as an Independent Director, Chairman of the Remuneration and Nominating Committees and member of the Audit 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
Past (for the last 5 years)
Independent Director of Maybank Private Equity Sdn Bhd
Present
Independent Director of Maybank Islamic Bhd
Independent Director of Chuan Huat Resources Bhd
Director of DTA Capital Partners Sdn Bhd