Change - Announcement of Cessation::Resignation of Independent Director - Mr Lien Kait Long
Issuer & Securities
IPC CORPORATION LTD
IPC CORPORATION LIMITED - SG1BB8000004 - AZA
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Independent Director - Mr Lien Kait Long
Submitted By (Co./ Ind. Name)
Ngiam Mia Hai Bernard
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Lien Kait Long ("Mr Lien") as an Independent Director of the Company. Mr Lien will accordingly relinquish his position as Lead Independent Director, Chairman of the Audit Committee and a member of the Remuneration Committee and Nominating Committee respectively.
The Company has identified a suitable candidate to be appointed on the Board and will make the relevant announcement when appropriate.
The Board of Directors wishes to record its appreciation to Mr Lien for for his contributions to the Company.
Name Of Person
Lien Kait Long
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To focus on other work commitments.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Audit Committee and a member of the Remuneration Committee and Nominating Committee.
Role and responsibilities
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
8Telecom International Holdings Co Ltd
Green Build Technology Limited
Viking Offshore & Marine Ltd
Pacific Healthcare Holdings Ltd
Hanwell Holdings Limited
Pacific Healthcare Nursing Home Pte Ltd
Pacific Eldercare and Nursing Pte Ltd
Falcon Energy Group Limited
China Jishan Holdings Limited
Tat Seng Packaging Group Ltd
Renewable Energy Asia Group Limited
China Enterprises Limited (Listed on OTC USA)
China Real Estate Grp Ltd. (formerly known as Asia-Pacific Strategic Investments Limited)