Change - Announcement of Cessation::Resignation of Mr Lew Syn Pau

Issuer & Securities

Issuer/ Manager
SUTL ENTERPRISE LIMITED
Securities
SUTL ENTERPRISE LIMITED - SG1BJ4000001 - BHU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Dec-2021 13:00:15
Status
New
Announcement Sub Title
Resignation of Mr Lew Syn Pau
Announcement Reference
SG211223OTHR6TUD
Submitted By (Co./ Ind. Name)
Tan Choon Kiat
Designation
Group Financial Controller
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Director, Chairman of the Board, AC Chairman, RC Chairman, NC Member

Additional Details

Name Of Person
Lew Syn Pau
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2021
Detailed Reason (s) for cessation
Mr. Lew has been on the board for more than 9 years and has decided to step down to allow the Board to refresh and renew its slate of Independent Directors.
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
07/04/2000
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.)
Chairman of the Board of Director, Chairman to the Remuneration and Audit Committee, Member of the Nominating Committee
Role and responsibilities
Chairman of the Board of Director, Chairman to the Remuneration and Audit Committee, Member of the Nominating 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
206,500 shares , 3 stock options for 312,500 shares
Past (for the last 5 years)
Refer to Attached
Present
Refer to Attached

Attachments

Mr Lew Past Directorship.pdf
Directors Disclosure of Interests Mr Lew.pdf
Total size =495K