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

Issuer & Securities

Issuer/ Manager
PCI LIMITED
Securities
PCI LIMITED - SG0534000260 - P19
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Jun-2018 17:08:50
Status
New
Announcement Sub Title
Cessation of Non-Executive, Independent Director
Announcement Reference
SG180601OTHRZDXH
Submitted By (Co./ Ind. Name)
Valerie Tan May Wei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Executive, Independent Director who is a member of the Audit Committee, Remuneration Committee and Nominating Committee.

Additional Details

Name Of Person
Peter Tan
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
01/06/2018
Detailed Reason (s) for cessation
Mr Peter Tan has stepped down from the Board to pursue his personal interests.

The Company would like to express gratitude to Mr Tan for his dedication and contributions during his service on the Board.
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
24/02/2017
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive, Independent Director and a member of the Audit Committee, Remuneration Committee and Nominating Committee of the Company.
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
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Emerging Towns & Cities Singapore Ltd
Present
Nil