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

Issuer & Securities

Issuer/ Manager
INNOTEK LIMITED
Securities
INNOTEK LIMITED - SG1F66858902 - M14
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2025 17:44:08
Status
New
Announcement Sub Title
Cessation of Independent and Non-Executive Director
Announcement Reference
SG250429OTHRGXBQ
Submitted By (Co./ Ind. Name)
Lou Yiliang
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent and Non-Executive Director, Mr Teruo Kiriyama.

Additional Details

Name Of Person
Teruo Kiriyama
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2025
Detailed Reason (s) for cessation
To comply with Rule 210 (5)(d)(iv) of the SGX-ST Listing Rules and to facilitate the renewal of Independent Directors on the Board, Mr Teruo Kiriyama has retired as an Independent and Non-Executive Director of the Company with effect from 29 April 2025, and had concurrently relinquished his position as Chairman of the Nominating Committee and member of the Remuneration 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
02/11/2015
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)
1
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 and Non-Executive Director
Role and responsibilities
Roles and responsibilities of the Independent and Non-Executive 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)
N.A.
Present
N.A.