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

Issuer & Securities

Issuer/ Manager
PAVILLON HOLDINGS LTD.
Securities
PAVILLON HOLDINGS LTD. - SG1I46882631 - 596
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Apr-2021 17:48:49
Status
New
Announcement Sub Title
Retirement of Lead Independent Director
Announcement Reference
SG210421OTHRK2UY
Submitted By (Co./ Ind. Name)
Lee Tong Soon
Designation
Director
Description (Please provide a detailed description of the event in the box below)
Mr Foo Der Rong retired as Lead Independent Director as mentioned in the Company's announcement on 6 April 2021. Accordingly, Mr Foo Der Rong ceased as Chairman of Nominating Committee and Remuneration Committee and a member of the Audit Committee.

The Board would like to take this opportunity to record their heartfelt appreciation and thanks to Mr Foo Der Rong for his valuable contributions and wishes him all the best in his future endeavours.

Additional Details

Name Of Person
Foo Der Rong
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
21/04/2021
Detailed Reason (s) for cessation
Mr Foo Der Rong has decided to retire at the Annual General Meeting as he would have served more than 9 years when Rule 210(5)(d)(iii) of the Listing Manual of the SGX-ST takes effect on 1 January 2022.
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
01/05/2012
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of Nominating Committee and Remuneration Committee and a member of the Audit 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
Nil.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
INTRACO Limited
Tat Hong Intraco Pte. Ltd.
Tat Hong Intraco Heavy Equipment Co.
K.A. Building Construction Pte. Ltd.
K.A. Fabric Shutters Pte. Ltd.
K.A. FireLite Pte. Ltd.
K.A. Fireproofing Pte. Ltd.
K.A. Firespray Sdn. Bhd.
K.A. Group Holdings Pte. Ltd.
Present
Southern Lion Sdn. Bhd.
Tian International Pte. Ltd.
Matex International Ltd.
Noel Gifts International Ltd.
SLB Development Ltd.