Change - Announcement of Cessation::Demise of Independent Director-Neo Mok Choon

Issuer & Securities

Issuer/ Manager
MULTI-CHEM LIMITED
Securities
MULTI-CHEM LIMITED - SG1BA2000002 - AWZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Mar-2024 22:49:01
Status
New
Announcement Sub Title
Demise of Independent Director-Neo Mok Choon
Announcement Reference
SG240330OTHRCC4D
Submitted By (Co./ Ind. Name)
Han Juat Hoon
Designation
Director
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Multi-Chem Limited (the "Company" or together with its subsidiaries, the "Group") announces with great sadness that the Board was informed of the passing of, the Company's Independent Director, Mr Neo Mok Choon, on 29 March 2024.

On behalf of all management and staff of the Group, the Board of Directors expresses its deepest sorrow over the demise of Mr Neo Mok Choon and conveys its condolences to his family.

The Board also expresses its gratitude and appreciation to Mr Neo for his invaluable contributions to the Company during his tenure as Independent Director of the Company.

Additional Details

Name Of Person
Neo Mok Choon
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
29/03/2024
Detailed Reason (s) for cessation
Mr Neo Mok Choon passed away on 29 March 2024.
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
01/08/2012
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)
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 Non-Executive Director, Chairman of the Audit and Risk Management Committee, member of the RC and NC
Role and responsibilities
Fulfill the responsibilities of Independent Non-Executive Director, Chairman of the Audit and Risk Management Committee, member of the Remuneration Committee ("RC") and Nominating Committee ("NC") 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?
Yes
Shareholding Details
Mr Neo Mok Choon is deemed interested in 320,500 ordinary shares registered in the name of Maybank Kim Eng Securities Pte Ltd as his nominee and 52,000 ordinary shares registered in the name of his spouse.
Past (for the last 5 years)
NIL
Present
NIL