Change - Announcement of Cessation::RETIREMENT OF EXECUTIVE DIRECTOR AT ANNUAL GENERAL MEETING

Issuer & Securities

Issuer/ Manager
PACIFIC RADIANCE LTD.
Securities
PACIFIC RADIANCE LTD - SGXE30264951 - RXS
PACIFIC RADIANCE W270919 - SGXN27053838 - IZGW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2023 19:23:51
Status
New
Announcement Sub Title
RETIREMENT OF EXECUTIVE DIRECTOR AT ANNUAL GENERAL MEETING
Announcement Reference
SG230427OTHRS4TY
Submitted By (Co./ Ind. Name)
PANG YOKE MIN
Designation
EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
Retirement of Executive Director

Additional Details

Name Of Person
LAU BOON HWEE
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2023
Detailed Reason (s) for cessation
Mr Lau Boon Hwee has decided not to stand for re-election and retired as an Executive Director of the Company with effect from the conclusion of the Annual General Meeting held on 27 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?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
28/10/2013
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)
3
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.)
Executive Director and Chief Technical and Shipyard Officer
Role and responsibilities
Duties as Executive Director and Chief Technical and Shipyard Officer
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?
Yes
Shareholding Details
Pacific Radiance Ltd
(i) 162,497 ordinary shares
(ii) 162,497 shareholder warrants
Other Directorships
Past (for the last 5 years)
Please see "Annexure A" as per attached
Present
Please see "Annexure A" as per attached

Attachments

Annexure A.pdf
Total size =13K