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

Issuer & Securities

Issuer/ Manager
LUXKING GROUP HOLDINGS LIMITED
Securities
LUXKING GROUP HOLDINGS LIMITED - BMG570141058 - BKK
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Sep-2019 18:55:38
Status
New
Announcement Sub Title
Resignation of Lead Independent Director
Announcement Reference
SG190909OTHRBJII
Submitted By (Co./ Ind. Name)
Leung Chee Kwong
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Lead Independent Director

Additional Details

Name Of Person
Tan Tew Han
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2019
Detailed Reason (s) for cessation
Having served on the Board since 2005 and due to his health issue, Mr Tan Tew Han has decided to step down effective 31 October 2019 for progressive renewal of the Board.

Mr Tan would also cease to be the Chairman of the Nominating Committee and members of the Audit Committee and Remuneration Committee of the Company, effective 31 October 2019.
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
17/06/2005
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.)
Lead Independent Director, Chairman of the Nominating Committee, members of the Audit Committee and Remuneration Committee.
Role and responsibilities
Assumed the roles and responsibilities of a Lead Independent Director, Chairman of the Nominating Committee, members of the Audit Committee and Remuneration Committee.
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)
Full Apex (Holdings) Limited
Present
1 Rockstead GIP Fund Ltd