Change - Announcement of Cessation::Retirement of Independent Director
Issuer & Securities
CHEMICAL INDUSTRIES (FAR EAST) LIMITED.
CHEMICAL INDUSTRIES (F.E.) LTD - SG1B37000984 - C05
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Independent Director
Submitted By (Co./ Ind. Name)
Foo Soon Soo
Description (Please provide a detailed description of the event in the box below)
Announcement of retirement of Independent Director
Name Of Person
Tay Kah Chye
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
In line with the listing rules that stipulate the 9 year rule on the Independent of Director, Mr Tay Kah Chye has opted not to stand for re-election after serving the Board for more than 9 years.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of Audit Committee and a member of Nominating and Remuneration Committee
Role and responsibilities
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
16,750 shares in the company
Past (for the last 5 years)
Wilmar International Limited Asiatic Group (Holdings) Limited
Asiatravel.com Holdings Ltd