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

Issuer & Securities

Issuer/ Manager
VENTURE CORPORATION LIMITED
Securities
VENTURE CORPORATION LIMITED - SG0531000230 - V03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Feb-2024 17:32:49
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director
Announcement Reference
SG240221OTHRMHCJ
Submitted By (Co./ Ind. Name)
Juliana Zhang
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of retirement of an Independent Non-Executive Director.

Additional Details

Name Of Person
Yeo Siew Eng
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2024
Detailed Reason (s) for cessation
Yeo Siew Eng will retire by rotation and will not be offering herself for re-election at the forthcoming Annual General Meeting on 26 April 2024. Upon her retirement as a Director of the Company, she will cease to be a member of the Company's Audit & Risk Committee and Remuneration 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
16/10/2020
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
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director
Member of Audit & Risk Committee
Member of Remuneration Committee
Role and responsibilities
As above
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
Past (for the last 5 years)
Nam Lee Pressed Metal Industries Limited
Present
Transit Link Pte Ltd
Keppel DC REIT Management Pte Ltd
Maritime and Port Authority of Singapore