Change - Announcement of Cessation::Cessation of Director

Issuer & Securities

Issuer/ Manager
RH PETROGAS LIMITED
Securities
RH PETROGAS LIMITED - SG1H00001443 - T13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Apr-2024 17:12:22
Status
New
Announcement Sub Title
Cessation of Director
Announcement Reference
SG240426OTHR7MI2
Submitted By (Co./ Ind. Name)
Chang Cheng-Hsing Francis
Designation
Group CEO & Executive Director
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Independent Director.

Additional Details

Name Of Person
Yeo Yun Seng Bernard
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2024
Detailed Reason (s) for cessation
Mr Yeo Yun Seng Bernard ("Mr Yeo") has served on the Board for more than nine years and will cease to be considered independent upon conclusion of the Company's Annual General Meeting to be held on 26 April 2024 ("AGM"), pursuant to Rule 210(5)(d)(iv) of the Listing Manual.

Mr Yeo has decided not to seek re-election at the AGM and his retirement from the Board as Independent Director of the Company will take effect upon conclusion of the AGM.

Following Mr Yeo's retirement as the Independent Director of the Company, he shall cease to be Chairman of the Remuneration Committee and member of the Nominating and Audit Committees.
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
01/11/2001
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.)
Independent Director, Chairman of the Remuneration Committee and member of the Nominating and Audit Committees.
Role and responsibilities
Non-Executive
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?
Yes
Shareholding Details
400,000 share options
Past (for the last 5 years)
1. Independent Director, MFS Technology Ltd;
2. Independent Director, UE E&C Ltd.
Present
1. Independent Director, Aspial Corporation Limited.
2. Independent Director, Sin Heng Heavy Machinery Limited;
3. Director, SHRI Academy Pte Ltd;
4. Director, SHRI
Corporation Pte Ltd.