Change - Announcement of Cessation::Cessation of Independent Director
Issuer & Securities
MANUFACTURING INTEGRATION TECHNOLOGY LTD.
MFG INTEGRATION TECHNOLOGY LTD - SG1H45875967 - M11
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Independent Director
Submitted By (Co./ Ind. Name)
Lim Chin Hong
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Kam Boon Cheong as Independent Director.
Name Of Person
Kam Boon Cheong
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Kam Boon Cheong did not seek for re-election as Director of the Company at the Annual General Meeting to be held on 28 April 2021. Accordingly, Mr Kam Boon Cheong has retired and ceased as Director of the Company pursuant to Article 91 of the Constitution of the Company.
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 Director, Chairman of Nominating Committee and a member of Audit Committee, Remuneration Committee and Investment Committee
Role and responsibilities
Independent and Non-Executive Director
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?
Direct Interest - 25,000 ordinary shares
Deemed Interest - 1,270,000 ordinary shares
Past (for the last 5 years)