Change - Announcement of Cessation::Retirement of Non-Executive Non-Independent Director

Issuer & Securities

Issuer/ Manager
GP INDUSTRIES LIMITED
Securities
GP INDUSTRIES LIMITED - SG1C12012995 - G20
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Sep-2020 18:30:32
Status
New
Announcement Sub Title
Retirement of Non-Executive Non-Independent Director
Announcement Reference
SG200901OTHREV3K
Submitted By (Co./ Ind. Name)
Kelly Kiar Lee Noi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Leung Pak Chuen as a Non-Executive Non-Independent Director of the Company.

Additional Details

Name Of Person
Leung Pak Chuen
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
01/10/2020
Detailed Reason (s) for cessation
Retirement
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
01/01/2019
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)
4
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.)
Non-Executive Non-Independent Director,
Non-Executive Vice Chairman,
Member of ARC, NC and RC
Role and responsibilities
Non-Executive Non-Independent Director,
Non-Executive Vice Chairman,
Member of ARC, NC and RC

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?
Yes
Shareholding Details
1,608,000 shares in GP Industries Limited
Past (for the last 5 years)
Please refer to Appendix 1
Present
GP Industries Limited Group Companies
1. Famingo Pte Ltd
2. GP Acoustics (Singapore) Pte Limited
3. GP Batteries International Limited

Non-GP Industries Limited Group Company
1. Gold Peak Industries (Holdings) Limited, Non-executive Director

Attachments