Change - Announcement of Cessation::Retirement of Lee Po On as Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
HANWELL HOLDINGS LIMITED
Securities
HANWELL HOLDINGS LIMITED - SG1V81937806 - DM0
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Apr-2019 17:51:57
Status
New
Announcement Sub Title
Retirement of Lee Po On as Non-Executive and Independent Director
Announcement Reference
SG190426OTHRO2EG
Submitted By (Co./ Ind. Name)
Chew Kok Liang
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Lee Po On as Non-Executive and Independent Director

Additional Details

Name Of Person
Lee Po On
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2019
Detailed Reason (s) for cessation
Mr Lee Po On retired by rotation at the conclusion of the Annual General Meeting of the Company held on 26 April 2019 and did not offer himself for re-election pursuant to Regulation 87 of the Company's Constitution. Following his retirement, Mr Lee would relinquish his roles and responsibilities as Non-Executive and Independent Director, Chairman of the Audit Committee ("AC") and Risk Management Committee ("RMC"), a member of the Nominating Committee ("NC") and Remuneration Committee ("RC").
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
10/08/2012
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)
4
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.)
Non-Executive and Independent Director, Chairman of the AC and RMC, a member of the NC and RC
Role and responsibilities
Non-Executive and Independent Director, Chairman of the Audit Committee and Risk Management Committee, a member of the Nominating 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)
Please refer to the attached list of past directorships
Present
Please refer to the attached list of present directorships

Attachments

A_past directorships Lee Po On.pdf
B_present directorships Lee Po On.pdf
Total size =83K