Change - Announcement of Cessation::Cessation of Independent and Non-Executive Director
Issuer & Securities
TUAN SING HOLDINGS LIMITED
TUAN SING HOLDINGS LIMITED - SG2D13002373 - T24
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Independent and Non-Executive Director
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Chow Kok Kee as an Independent and Non-Executive Director.
Name Of Person
Chow Kok Kee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Chow Kok Kee is stepping down as Director to allow for planned board renewal. In so doing, Tuan Sing will continue to refresh its board composition.
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.)
Independent & Non-Executive Director, Chairman of Remuneration Committee, a member of the Audit and Risk Committee & the Nominating Committee.
Role and responsibilities
Duties of an Independent Director, Chairman of the Remuneration Committee, a member of the Audit and Risk Committee and the Nominating Committee.
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?
Debentures: S$250,000 of 6% Series 002 Notes due 2020
Past (for the last 5 years)
1. Chosen Holdings Limited
2. Valuetronics Holdings Limited
3. Innovalues Holdings Pte Ltd*
4. Meiban Group Pte. Ltd.*
*previously listed on the SGX-ST
1. M1 Limited
2. ACTA Investment & Services Pte Ltd
3. Transwater Services Pte Ltd