Change - Announcement of Cessation::Retirement of Mr Hwang Soo Jin as Director

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS INSURANCE LIMITED
Securities
UNITED OVERSEAS INSURANCE LTD - SG1M91002014 - U13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Feb-2023 17:36:05
Status
New
Announcement Sub Title
Retirement of Mr Hwang Soo Jin as Director
Announcement Reference
SG230228OTHR7ZPX
Submitted By (Co./ Ind. Name)
Mrs Vivien Chan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Hwang Soo Jin as Director on 14 April 2023 at close of UOI AGM.

Additional Details

Name Of Person
Hwang Soo Jin
Age
87
Is effective date of cessation known?
Yes
If yes, please provide the date
14/04/2023
Detailed Reason (s) for cessation
Mr Hwang Soo Jin will retire by rotation and not seek re-election at the UOI Annual General Meeting (AGM) to be held on 14 April 2023.
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?
Yes
If Yes, Please provide full details
Mr Hwang will be appointed as Director Emeritus with effect from his retirement as Director.
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
17/02/1971
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.)
Director
Role and responsibilities
Chairman of Nominating Committee
Member of Remuneration Committee
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
100,000 UOI shares
Past (for the last 5 years)
- Haw Par Corporation (Director)
(till December 2021)

- Singapore Land Group (Director)
(till December 2021)

- Singapore Reinsurance Corporation (Director)
(till April 2019)
Present
Singapore Reinsurance Corporation (Senior Advisor and Chairman Emeritus)