Change - Announcement of Cessation::DEMISE OF INDEPENDENT NON-EXECUTIVE DIRECTOR - MR. PHUA BAH LEE

Issuer & Securities

Issuer/ Manager
SINGAPURA FINANCE LTD
Securities
SINGAPURA FINANCE LTD - SG1M01001924 - S23
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Dec-2021 17:55:40
Status
New
Announcement Sub Title
DEMISE OF INDEPENDENT NON-EXECUTIVE DIRECTOR - MR. PHUA BAH LEE
Announcement Reference
SG211227OTHRKM1T
Submitted By (Co./ Ind. Name)
Tan Wee Sin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement on the demise of Independent Non-Executive Director, Mr Phua Bah Lee ("Mr. Phua").

Additional Details

Name Of Person
Phua Bah Lee
Age
89
Is effective date of cessation known?
Yes
If yes, please provide the date
26/12/2021
Detailed Reason (s) for cessation
Mr. Phua passed away on 26 December 2021.
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
19/10/1988
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the Remuneration Committee, a member of the Nominating Committee and the Audit Committee.
Role and responsibilities
Duties and responsibilities of an Independent Director and Chairman of the 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
Direct Shares - 164,500
Indirect Shares - 15,960
Past (for the last 5 years)
Metro Holdings Limited
Metro China Holdings Pte Ltd
Metro (Shanghai) Enterprise Management
Pte Ltd
New Otani Singapore Pte Ltd (Dissolved)
Ngee Ann Traditional Chinese Medicine Centre Ltd
Ngee Ann Property Management Pte Ltd
Singapore Teochew Foundation Limited
NAD Triple Funds Pte Ltd
RE Properties Pte Ltd
Present
Kreta Ayer People's Theatre
Ngee Ann Development Pte Ltd
Pecly Investments Pte Ltd