Change - Announcement of Cessation::Resignation of Independent Director - Mr Loo Cheng Guan

Issuer & Securities

Issuer/ Manager
DATAPULSE TECHNOLOGY LIMITED
Securities
DATAPULSE TECHNOLOGY LIMITED - SG1CB7000003 - BKW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Oct-2020 21:12:57
Status
New
Announcement Sub Title
Resignation of Independent Director - Mr Loo Cheng Guan
Announcement Reference
SG201004OTHRO4GZ
Submitted By (Co./ Ind. Name)
Lee Changwei, Eugene
Designation
Financial Controller
Description (Please provide a detailed description of the event in the box below)
As the Nominating Committee had resolved not to nominate Mr Loo Cheng Guan for re-election at the upcoming Annual General Meeting, Mr Loo has decided to resign to give the Company sufficient administrative time to do the needful for board renewal.

The Company expresses its gratitude to Mr Loo Cheng Guan for his contributions during his tenure of service.

Additional Details

Name Of Person
Loo Cheng Guan
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
01/10/2020
Detailed Reason (s) for cessation
As the Nominating Committee had resolved not to nominate Mr Loo Cheng Guan for re-election at the upcoming Annual General Meeting, Mr Loo has decided to resign to give the Company sufficient administrative time to do the needful for board renewal.

The Company expresses its gratitude to Mr Loo Cheng Guan for his contributions during his tenure of service.
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
10/09/2018
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director

Chairman of Remuneration Committee

Member of Audit Committee
Role and responsibilities
Non-Executive
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
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