Change - Announcement of Cessation::Resignation of Lead Independent Director

Issuer & Securities

Issuer/ Manager
DUTY FREE INTERNATIONAL LIMITED
Securities
DUTY FREE INTERNATIONALLIMITED - SG2C70966271 - 5SO
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Jun-2024 17:24:30
Status
New
Announcement Sub Title
Resignation of Lead Independent Director
Announcement Reference
SG240610OTHRRDFH
Submitted By (Co./ Ind. Name)
Lee Sze Siang
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of General Tan Sri Dato' Seri Mohd Azumi bin Mohamed (Retired) as Lead Independent Director of the Company.

Additional Details

Name Of Person
General Tan Sri Dato' Seri Mohd Azumi bin Mohamed (Retired)
Age
76
Is effective date of cessation known?
Yes
If yes, please provide the date
26/06/2024
Detailed Reason (s) for cessation
Pursuant to Rule 210(5)(d)(iv) of the Listing Manual of Singapore Exchange Securities Trading Limited, General Tan Sri Dato' Seri Mohd Azumi bin Mohamed (Retired), after having served on the Board of Directors of the Company for more than nine (9) years, will resign as Lead Independent Director of the Company upon the conclusion of the Annual General Meeting to be held on 26 June 2024.

Following his resignation, General Tan Sri Dato' Seri Mohd Azumi bin Mohamed (Retired) will cease to be the Chairman of Nominating Committee and Remuneration Committee, and a member of Audit Committee.

The Board would like to extend their appreciation to General Tan Sri Dato' Seri Mohd Azumi bin Mohamed (Retired) for his invaluable contribution to the Company 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
07/01/2011
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of Nominating Committee and 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
Past (for the last 5 years)
1. Cyber Security Malaysia
Present
1. Desatera Sdn Bhd
2. DMIA (M) Sdn Bhd
3. Senawang Teck Park Sdn Bhd
4. Megarich Land (M) Sdn Bhd
5. Lotus Terrian Sdn Bhd
6. Paradigma Berkat Sdn Bhd