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

Issuer & Securities

Issuer/ Manager
FRASER AND NEAVE LIMITED.
Securities
FRASER AND NEAVE, LIMITED - SG1T58930911 - F99
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Nov-2021 18:27:08
Status
New
Announcement Sub Title
Cessation of Independent and Non-Executive Director
Announcement Reference
SG211105OTHRK216
Submitted By (Co./ Ind. Name)
Hui Choon Kit
Designation
Company Secretary
Effective Date and Time of the event
31/12/2021 23:59:00
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent and Non-Executive Director.

Additional Details

Name Of Person
Timothy Chia Chee Ming
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2021
Detailed Reason (s) for cessation
Mr Chia is stepping down as part of the Board renewal process. Following his resignation from the Board, Mr Chia will also cease to be the Chairman of the Remuneration Committee and a member of the Audit Committee.
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
08/01/2014
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)
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.)
Remuneration Committee Chairman
Audit Committee Member
Role and responsibilities
Remuneration Committee Chairman
Audit Committee Member
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)
Please see attached.
Present
Please see attached.

Attachments