Change - Announcement of Cessation::Cessation of Service of Director

Issuer & Securities

Issuer/ Manager
QAF LIMITED
Securities
QAF LIMITED - SG1A49000759 - Q01
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Mar-2023 17:40:04
Status
New
Announcement Sub Title
Cessation of Service of Director
Announcement Reference
SG230330OTHRNPHX
Submitted By (Co./ Ind. Name)
Serene Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the information below and to the Company's announcement dated 24 February 2023 and Notice of AGM dated 30 March 2023.

Additional Details

Name Of Person
Triono J. Dawis
Age
41
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2023
Detailed Reason (s) for cessation
Mr. Triono J. Dawis will be stepping down from the Board at the close of the upcoming AGM of the Company to be held on 27 April 2023, in light of the amendment to the SGX-ST Listing Rules on 11 January 2023 which prescribes a nine-year tenure limit for 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
17/07/2014
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-executive, independent Director
Member, Audit and Risk Committee
Member, Nominating Committee

Role and responsibilities
Non-executive, independent Director
Member, Audit and Risk Committee
Member, Nominating Committee
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
Other Directorships
Past (for the last 5 years)
PT Katingan Sumber Mineral
DBM International Holdings Pte Ltd
Wallex Technologies Pte Ltd
Wallex Teknologi Berkat
Amand Ventures Pte Ltd
Present
Mitra Indomaju Pte Ltd
PT Dinamika Zona Internasional
PT Cahaya Intimas Abadi
PT PIP Triarsa Dana
PT Bali Ragawisata
PT Marga Intra Wahana
PT Ling Brothers
PT Ling Brothers Internasional