Change - Announcement of Cessation::Cessation of Independent Director
Issuer & Securities
TEE INTERNATIONAL LIMITED
TEE INTERNATIONAL LIMITED - SG2C64965297 - M1Z
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Independent Director
Submitted By (Co./ Ind. Name)
Saw Chin Choo
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director.
Name Of Person
Aric Loh Siang Khee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Aric Loh Siang Khee ("Mr Loh") has stepped down as Independent Director of the Company to allow the Company to refresh its Board, and having considered that the matters relating to the past unauthorised remittances had been substantially addressed by the Company.
The Board of Directors would like to express its gratitude and appreciation towards Mr Loh's valuable contributions to the Board during his tenure as Independent Director 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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, AC Member, NC Member, and RC Member
Role and responsibilities
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
1. Onion 3CA Pte. Ltd.
2. Cristen 3CA Pte. Ltd.
1. Noel Gifts International Ltd