Change - Announcement of Cessation::Announcement of Cessation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
DARCO WATER TECHNOLOGIES LIMITED
Securities
DARCO WATER TECHNOLOGIES LTD - SG1CC9000009 - BLR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Dec-2024 17:54:51
Status
New
Announcement Sub Title
Announcement of Cessation of Independent Non-Executive Director
Announcement Reference
SG241230OTHR9C61
Submitted By (Co./ Ind. Name)
Dr. Zhang Zhenpeng
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Independent Non-Executive Director

Additional Details

Name Of Person
GN JONG YUH GWENDOLYN
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2024
Detailed Reason (s) for cessation
Ms Gn Jong Yuh Gwendolyn ("Ms Gn") is stepping down as an Independent Non-Executive Director to pursue other professional interests.

Ms Gn confirms that there are no concerns or disagreements with the Board or management of the Company over matters involving the Company that led to her resignation.

Following her resignation on 31 December 2024, Ms Gn would contemporaneously relinquish her position as the Chairman of the Remuneration Committee, and a member of the Audit Committee and 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
02/05/2019
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.)
Independent Non-Executive Director, Chairman of the Remuneration Committee and a member of the Audit Committee and 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
Other Directorships
Past (for the last 5 years)
1. Mary Chia Holdings Limited
2. Tata Precision Industries Private Limited
Present
1. UMS Integration Limited
2. YHI International Limited
3. Huationg Global Limited