Change - Announcement of Cessation::Retirement of Independent Director - Mr Tan Mun Choy Kenneth Bertram

Issuer & Securities

Issuer/ Manager
P5 CAPITAL HOLDINGS LTD.
Securities
P5 CAPITAL HOLDINGS LTD. - SG1I98885227 - 5AI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Sep-2020 19:55:18
Status
New
Announcement Sub Title
Retirement of Independent Director - Mr Tan Mun Choy Kenneth Bertram
Announcement Reference
SG200929OTHRY33G
Submitted By (Co./ Ind. Name)
Ong Bee Hoon
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is:
Name: Mr. Shervyn Essex, Registered Professional, RHT Capital Pte. Ltd.
Address: 9 Raffles Place, #29-01 Republic Plaza Tower 1, Singapore 048619
Tel: (65) 6381 6966

Additional Details

Name Of Person
Tan Mun Choy Kenneth Bertram
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
29/09/2020
Detailed Reason (s) for cessation
Mr Tan Mun Choy Kenneth Bertram ("Mr Tan") retired as an Independent Director of the Company pursuant to Regulation 107 of the Company's Constitution at the conclusion of the Twenty-First Annual General Meeting held on 29 September 2020. Mr Tan did not seek re-election as a Director of the Company to focus on his other principal work commitments. Accordingly, Mr Tan relinquished his position as member of the Audit, Nominating and Remuneration Committees.

The Sponsor, RHT Capital Pte. Ltd., having interviewed Mr Tan and to the best of its knowledge, is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Tan as the Independent Director 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?
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
08/08/2019
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)
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.)
Member of Audit Committee
Member of Nominating Committee
Member of Remuneration Committee
Role and responsibilities
Duties as Member of the Audit, Nominating and Remuneration Committees
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
GIV Global Investment Ventures Pte Ltd
Present
KJD Enterprise Pte. Ltd.