Change - Announcement of Cessation::Resignation of Chairman of the Board

Issuer & Securities

Issuer/ Manager
CORDLIFE GROUP LIMITED
Securities
CORDLIFE GROUP LIMITED - SG2E64980112 - P8A
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Jan-2025 08:14:36
Status
New
Announcement Sub Title
Resignation of Chairman of the Board
Announcement Reference
SG250108OTHRUTWG
Submitted By (Co./ Ind. Name)
Goh Xun Er
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Chairman of the Board.

Additional Details

Name Of Person
Dato' Dr. Teo Tong Kooi
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
07/01/2025
Detailed Reason (s) for cessation
Dato' Dr. Teo informed that he wished to step down as Chairman of the Board to focus on other commitments. The Board records its appreciation for Dato' Dr. Teo's contributions and leadership in his tenure as Chairman.

Dato' Dr. Teo will remain as an Independent Director, Chairman of the Nominating Committee and the Remuneration Committee as well as a member of the Audit and Risk 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
23/05/2024
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
8
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director
Chairman of the Nominating Committee
Chairman of the Remuneration Committee
Member of the Audit and Risk Committee
Role and responsibilities
Independent Director of the Company
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?
No
Other Directorships
Past (for the last 5 years)
February 2023 to present: Independent
Director - UOB Kay Hian Securities (M) Sdn
Bhd
July 2019 to present: Independent Director -
China Automotive Systems, Inc.
Present
February 2023 to present: Independent
Director - UOB Kay Hian Securities (M) Sdn
Bhd
July 2019 to present: Independent Director -
China Automotive Systems, Inc.