Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
SAMKO TIMBER LIMITED
Securities
SAMKO TIMBER LIMITED - SG1W64939547 - E6R
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Mar-2025 18:06:21
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG250327OTHR5HUS
Submitted By (Co./ Ind. Name)
Riko Setyabudhy Handoko
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Timotius as an Independent Director of the Company with effect from 27 March 2025.

Additional Details

Name Of Person
Timotius
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
27/03/2025
Detailed Reason (s) for cessation
Due to reorganisation 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
15/05/2024
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
7
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director
Role and responsibilities
Managing good Corporate Governance and ensuring Board objectivity as well as compliance with regulatory requirements.
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
Other Directorships
Past (for the last 5 years)
Nil
Present
- PT Salim Ivomas Pratama Tbk - Independent Commissioner
- PT Indoritel Tbk - Independent Commissioner