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

Issuer & Securities

Issuer/ Manager
HONG LEONG ASIA LTD.
Securities
HONG LEONG ASIA LTD. - SG1F76860344 - H22
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2025 20:26:03
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director
Announcement Reference
SG250425OTHR7N67
Submitted By (Co./ Ind. Name)
Ng Siew Ping, Jaslin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Ms Kwong Ka Lo @ Caroline Kwong as an Independent Non-Executive Director at the 64th Annual General Meeting of the Company held on 25 April 2025 ("64th AGM").

Additional Details

Name Of Person
Kwong Ka Lo @ Caroline Kwong
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2025
Detailed Reason (s) for cessation
Ms Caroline Kwong who had served as an independent non-executive Director of the Company for more than nine years since 22 February 2016, had stepped down from the Board at the conclusion of the 64th AGM. Consequent thereto, she also ceased to be the Chairman of the Board Sustainability Committee ("BSC") and Nominating Committee ("NC"), and a member of the Audit and Risk Committee ("ARC"), Remuneration Committee ("RC") and Hong Leong Asia Share Option Scheme 2000 Committee ("SOSC").
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
22/02/2016
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)
4
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 BSC and NC, and a member of the ARC, RC and SOSC.
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
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Ceribell, Inc
Present
1. GVIP Ventures SPC
2. KEV Capital Limited
3. Freshape Pte Ltd
4. Singapore Association for Mental Health
5. The Global Value Investment Portfolio Management Pte Ltd
6. U Light Pte. Ltd.
7. u.life Special Investment Pte Ltd
8. Freshape SA