Change - Announcement of Cessation::Retirement Of Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
METRO HOLDINGS LTD
Securities
METRO HOLDINGS LIMITED - SG1I11878499 - M01
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Jul-2024 05:44:37
Status
New
Announcement Sub Title
Retirement Of Non-Executive and Independent Director
Announcement Reference
SG240704OTHR3Y2Y
Submitted By (Co./ Ind. Name)
Tan Ching Chek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the announcement for further details.

Additional Details

Name Of Person
Lt-Gen (Retd) Winston Choo Wee Leong
Age
83
Is effective date of cessation known?
Yes
If yes, please provide the date
26/07/2024
Detailed Reason (s) for cessation
As part of the Board renewal process, Lt-Gen (Retd) Winston Choo Wee Leong will be retiring by rotation pursuant to Article 94 of the Constitution of Metro Holdings Ltd.

The Board and Management of Metro Holdings Ltd would like to express their gratitude to Lt-Gen (Retd) Winston Choo Wee Leong for his invaluable contributions and guidance to the Board and the Metro Group.

Upon his retirement from the Board at the conclusion of the annual general meeting to be held on 26 July 2024, Lt-Gen (Retd) Winston Choo Wee Leong will also relinquish his positions as Chairman of the Board, Nominating, Remuneration and Investment 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
18/06/2007
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)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director; Chairman of the Board, Nominating, Remuneration and Investment Committees.
Role and responsibilities
Chairman, Non-Executive and Independent Director.
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?
No
Past (for the last 5 years)
Singapore's Non-Resident Ambassador to the State of Israel.
Present
1. Metro Holdings Ltd

2. Foodfare Catering Pte Ltd

3. Newstar Investments Holdings Pte Ltd

4. Tridex Pte Ltd