Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
FAR EAST ORCHARD LIMITED
Securities
FAR EAST ORCHARD LIMITED - SG2P56002559 - O10
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Apr-2018 18:32:20
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG180424OTHRG68O
Submitted By (Co./ Ind. Name)
Phua Siyu, Audrey
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Heng Chiang Meng as Independent Director who is also the Chairman of the Nominating Committee and a member of the Audit & Risk Committee.

Additional Details

Name Of Person
Heng Chiang Meng
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
24/04/2018
Detailed Reason (s) for cessation
Mr Heng Chiang Meng wishes to devote more time to the family and personal pursuits, he retired at the conclusion of the Company's 50th Annual General Meeting.
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
19/06/1998
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)
3
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.)
Independent Director, Chairman of the Nominating Committee and a member of the Audit & Risk Committee.
Role and responsibilities
Independent 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)
Keppel Land Limited
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Present
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