Change - Announcement of Cessation::CESSATION OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
MIYOSHI LIMITED
Securities
MIYOSHI LIMITED - SG1J04885492 - M03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-Dec-2022 21:45:54
Status
New
Announcement Sub Title
CESSATION OF INDEPENDENT DIRECTOR
Announcement Reference
SG221209OTHRNNB3
Submitted By (Co./ Ind. Name)
SIN KWONG WAH ANDREW
Designation
CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director.

This announcement has been reviewed by the Company's sponsor, RHB Bank Berhad, through its Singapore branch (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr Alvin Soh, Head, Corporate Finance, RHB Bank Berhad, Singapore branch, at 90 Cecil Street, #04-00 Singapore 069531, Telephone: +65 6320 0627.

Additional Details

Name Of Person
Neoh Chin Chee
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
28/02/2023
Detailed Reason (s) for cessation
To pursue other interests. The Board expresses its appreciation to Mr Neoh for his contributions during his tenure as a Director of the Company. After having interviewed Mr Neoh and to the best of its knowledge, the Company's Sponsor, RHB Bank Berhad is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Neoh as an Independent Director of the Company.

The Company is currently assessing suitable independent director candidates to fill the vacancy as soon as practicable so as to meet the requirements of the Catalist Rules and the Singapore Code of Corporate Governance.
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
21/03/2022
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Chairman
Chairman of Nominating Committee
Member of Audit Committee and Remuneration Committee
Role and responsibilities
The role and responsibilities as an Independent Non-Executive Chairman, Chairman of Nominating Committee and Member of Audit Committee and Remuneration Committee.
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
Other Directorships
Past (for the last 5 years)
Pacific Hunt Energy Ltd (2017-2019)
Present
Nil