Change - Announcement of Cessation::Retirement of Non-Executive Director

Issuer & Securities

Issuer/ Manager
FAR EAST ORCHARD LIMITED
Securities
FAR EAST ORCHARD LIMITED - SG2P56002559 - O10
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Mar-2022 20:05:18
Status
New
Announcement Sub Title
Retirement of Non-Executive Director
Announcement Reference
SG220316OTHR5UUD
Submitted By (Co./ Ind. Name)
Phua Siyu, Audrey
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Koh Boon Hwee as Non-Executive Director who is also the Chairman of the Board and a member of the Nominating Committee.

Additional Details

Name Of Person
Koh Boon Hwee
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
18/04/2022
Detailed Reason (s) for cessation
Mr Koh Boon Hwee is due to retire at the Company's forthcoming Annual General Meeting on 18 April 2022 and is eligible for re-election. As part of the Board renewal process, Mr Koh has chosen not to seek re-election. The Board noted his decision and thanks Mr Koh for his dedicated long service and contributions to the Far East Orchard Limited group. The Board wishes Mr Koh success in his future endeavours.
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
01/01/2013
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)
5
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.)
Chairman, Non-Executive Director, Member of Nominating Committee
Role and responsibilities
Responsible for leading the Board and ensuring the effectiveness of the Board & Board Committees, as well as the governance process
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. CM Houlder (SEA) Pte Ltd
2. FEO Hospitality Asset Management Pte Ltd
3. FEO Hospitality Trust Management Pte Ltd
4. Rippledot Capital Management Pte Ltd
5. Ge-No-Me Pte Ltd
6. Fontaine Investment Pte Ltd
7. Razer Inc
8. Yeo Hiap Seng Ltd
9. AAC Technologies Holdings Inc
10. Nanyang Technological University Board of Trustees
Present
Please refer to Appendix A.

Attachments

Appendix_A.pdf
Total size =20K