Change - Announcement of Cessation::(1) Resignation of Independent Director; (2) Cessation of Chairman of NC & RC and Member of AC & RMC

Issuer & Securities

Issuer/ Manager
CSC HOLDINGS LIMITED
Securities
CSC HOLDINGS LTD - SG1F84861094 - C06
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-May-2024 19:53:35
Status
New
Announcement Sub Title
(1) Resignation of Independent Director; (2) Cessation of Chairman of NC & RC and Member of AC & RMC
Announcement Reference
SG240527OTHR4TMR
Submitted By (Co./ Ind. Name)
See Yen Tarn
Designation
Executive Director & Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Tan Hup Foi ("Mr Tan") as an Independent Non-Executive Director ("Independent Director") and his cessation as Chairman of the Nominating Committee ("NC") and Remuneration Committee ("RC") and a member of the Audit Committee ("AC") and Risk Management Committee ("RMC") of the Company.

Additional Details

Name Of Person
Tan Hup Foi
Age
74
Is effective date of cessation known?
Yes
If yes, please provide the date
30/07/2024
Detailed Reason (s) for cessation
Having served on the Board of Directors for more than 18 years, Mr Tan will resign as an Independent Non-Executive Director of the Company, with effect from the conclusion of the Annual General Meeting of the Company to be held on 30 July 2024, in line with Rule 210(5)(d)(iv) of the Listing Manual of the Singapore Exchange Securities Trading Limited limiting the tenure of independent directors to 9 years.

Accordingly, Mr Tan will cease to be Chairman of the NC and RC and a member of the AC and RMC.
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
03/04/2006
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 NC and RC and
Member of AC and RMC.
Role and responsibilities
Non-executive and independent.
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
Other Directorships
Past (for the last 5 years)
Transit Link Pte Ltd
Present
1. Caring Fleet Services Limited
2. Orita Sinclair School of Design and Music Pte Ltd
3. Credit Bureau Asia Limited
4. 17LIVE Group Limited
5. Intraco Limited