Change - Announcement of Cessation::RESIGNATION OF NON-EXECUTIVE AND INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
FEDERAL INTERNATIONAL (2000) LTD
Securities
FEDERAL INT(2000) LTD - SG1BF9000004 - BDU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-May-2024 17:41:04
Status
New
Announcement Sub Title
RESIGNATION OF NON-EXECUTIVE AND INDEPENDENT DIRECTOR
Announcement Reference
SG240516OTHRZLAV
Submitted By (Co./ Ind. Name)
Noraini Latiff
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Murali Krishna Ramachandra as a Non-Executive and Independent Director.

Additional Details

Name Of Person
Murali Krishna Ramachandra
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
16/05/2024
Detailed Reason (s) for cessation
Mr Murali Krishna Ramachandra ("Mr Ramachandra") has tendered his resignation as a Non-Executive and Independent Director of the Company with effect from 16 May 2024 to focus on his health.

The Board of Directors and Management sincerely thank Mr Ramachandra for his invaluable contributions, dedication and commitment to the Company during his tenure with 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
01/07/2021
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director, The Chairman of the Remuneration Committee and a member of the Audit Committee and the Nominating Committee.
Role and responsibilities
Non-Executive and Independent Director
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)
1. Bell Capital Pte Ltd
2. Globus Capital Pte Ltd
3. Pentagon Holdings Pte Ltd
4.Social Innovation Park Limited
5. Selvam LLC
6. Duane Morris & Selvam LLP
Present
1. Legal Insights LLC
2. Digital Insights Ventures Pte Ltd
3. Digital Insights Sustainability Pte Ltd
4. Christ's College, Cambridge Fund (Singapore) Limited
5. Southern Jewel Capital Pte Ltd
6. Pentagon Presents Pte Ltd