Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF LEAD INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
DARCO WATER TECHNOLOGIES LIMITED
Securities
DARCO WATER TECHNOLOGIES LTD - SG1CC9000009 - BLR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Jun-2020 22:16:04
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF LEAD INDEPENDENT DIRECTOR
Announcement Reference
SG200626OTHRQE5I
Submitted By (Co./ Ind. Name)
Poh Kok Hong
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF CESSATION OF LEAD INDEPENDENT DIRECTOR

Additional Details

Name Of Person
Tay Lee Chye Lester
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
26/06/2020
Detailed Reason (s) for cessation
Mr Tay Lee Chye Lester was not re-elected as a Director of the Company at its Annual General Meeting held on 26 June 2020 and has accordingly retired.
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
14/08/2015
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)
2
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.)
Lead Independent Director, AC Chairman, NC Member and RC Member
Role and responsibilities
Discharging duties as an independent director of the Company
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)
- Chabridge Technology Pte. Ltd.
- Forest Property Investment Pte. Ltd.
- Grand Investment Fund Pte. Ltd.
- Grandeur Associates & Co Pte. Ltd.
- Leibo Mingzhu Clean Energy Pte. Ltd.
- Union Linker International Investment Pte. Ltd.
- United Power Technology Pte. Ltd.
- WH-Water Investment Pte. Ltd.
- RS Asset Management Pte. Ltd.
- Yokeshire International Limited
- Grand INVSMT Ltd
Present
- Rockstead Capital Pte Ltd
- 1Rockstead GIP Fund Limited
- 1Rockstead GIP Fund 2 Limited
- Rockstead Ventures Limited
- Peinture Singapore Pte. Ltd.
- Rockstead Fixed Income Fund Ltd
- Ming Stone (Singapore) Pte Ltd
- Rockstead Fixed Income Fund II Ltd.