Change - Announcement of Cessation::Resignation of Lead Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
YONGNAM HOLDINGS LIMITED
Securities
YONGNAM HOLDINGS LIMITED - SG1BA3000001 - AXB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Aug-2023 22:26:47
Status
New
Announcement Sub Title
Resignation of Lead Independent Non-Executive Director
Announcement Reference
SG230811OTHR2NEL
Submitted By (Co./ Ind. Name)
SEOW SOON YONG
Designation
CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Tan Eng Kiat Dominic as Lead Independent Non-Executive Director.

Additional Details

Name Of Person
Mr Tan Eng Kiat Dominic
Age
81
Is effective date of cessation known?
Yes
If yes, please provide the date
11/08/2023
Detailed Reason (s) for cessation
Due to advanced age and health issue.
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
03/03/2008
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 Non-Executive Director, Chairman of the Audit Committee and Nominating Committee as well as a member of the Remuneration Committee.
Role and responsibilities
As above.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct interest of 225,000 ordinary shares in the share capital of Yongnam Holdings Limited.
Other Directorships
Past (for the last 5 years)
None
Present
None