Change - Announcement of Cessation::Retirement of Independent & Non-executive Director

Issuer & Securities

Issuer/ Manager
YEO HIAP SENG LTD
Securities
YEO HIAP SENG LTD - SG1I10878425 - Y03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-May-2020 17:45:35
Status
New
Announcement Sub Title
Retirement of Independent & Non-executive Director
Announcement Reference
SG200511OTHR2688
Submitted By (Co./ Ind. Name)
Neoh Sue Lynn
Designation
General Counsel & Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Dato' Mohamed Nizam bin Abdul Razak as an Independent & Non-executive Director of the Company

Additional Details

Name Of Person
Dato' Mohamed Nizam bin Abdul Razak
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
11/05/2020
Detailed Reason (s) for cessation
Dato' Mohamed Nizam bin Abdul Razak, although eligible, did not offer himself for re-election as an Independent and Non-executive Director of the Company at the Company's Sixty-fourth Annual General Meeting held by way of electronic means on 11 May 2020. Upon retirement, he has also ceased to be a member of the Audit & Risk Committee and a member of the Nominating 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
24/04/2013
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)
6
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 & Non-executive Director
Member of Audit & Risk Committee
Member of Nominating Committee
Role and responsibilities
Independent & Non-executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
See attached Annexure
Present
See attached Annexure

Attachments

Annexure.pdf
Total size =130K