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

Issuer & Securities

Issuer/ Manager
METECH INTERNATIONAL LIMITED
Securities
METECH INTERNATIONAL LTD - SGXE91187273 - V3M
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Oct-2022 22:59:55
Status
New
Announcement Sub Title
Announcement of Cessation of Independent Director
Announcement Reference
SG221021OTHROHO8
Submitted By (Co./ Ind. Name)
Gwendolyn Gn Jong Yuh
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 reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

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 Mr. Pong Chen Yih, Chief Operating Officer, at 7 Temasek Boulevard, #18-03B Suntec Tower 1, Singapore 038987, telephone (65) 6950 2188.

Additional Details

Name Of Person
Mr Chng Hee Kok
Age
74
Is effective date of cessation known?
Yes
If yes, please provide the date
21/10/2022
Detailed Reason (s) for cessation
Mr. Chng Hee Kok was not re-elected at the Annual General Meeting held on 21 October 2022.
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
26/12/2019
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)
1
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 Remuneration Committee, and a member of the Audit Committee and the Nominating Committee
Role and responsibilities
Independent Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Directorships
1. China Flexible Packaging Holding Limited
2. Ellipsiz Ltd
3. KTL Global Limited
4. Rich Capital Holdings Limited (formerly known as Infinio Group Limited)
5. Samudera Shipping Line Ltd
6. Sino-American Tours Corporation Pte Ltd
7. Chaswood Resources Holdings Ltd

Principal Commitments
NIL
Present
Directorships
1. Blackgold Natural Resources Limited
2. Debao Property Development Ltd
3. Ferrstron Electric Pte Ltd
4. Full Apex (Holdings) Limited (undergoing de-listing)
5. Luxking Group Holdings Limited
6. Rational Pricing Technologies Pte Ltd
7. The Place Holdings Ltd
8. United Food Holdings Limited

Principal Commitments
Interim CEO of Chemical Industries FE Ltd