Change - Announcement of Cessation::Cessation of Managing Director

Issuer & Securities

Announcement Title: Change - Announcement of Cessation
Date &Time of Broadcast: 03-Aug-2022 16:20:57
Status: New
Announcement Sub Title: Cessation of Managing Director
Announcement Reference: SG220803OTHRS5O8
Submitted By (Co./ Ind. Name): Tan Jit Meng
Designation: Managing Director
Description (Please provide a detailed description of the event in the box below): Cessation of Managing Director

Name Of Person: Bao Hongwei
Age: 52
Is effective date of cessation known?: Yes
If yes, please provide the date: 03/08/2022
Detailed Reason (s) for cessation: Pursuant to the terms and conditions of the sale and purchase agreement in connection with the Proposed Acquisition
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: 16/06/2005
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): 2
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.): Managing Director
Role and responsibilities: Executive
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): Nil
Present: Nil