Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
ELLIPSIZ LTD
Securities
ELLIPSIZ LTD - SG1CA2000000 - BIX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Oct-2024 00:38:34
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG241007OTHRIMRS
Submitted By (Co./ Ind. Name)
Lim Poh Yeow
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Clement Leow Wee Kia as an Independent Director pursuant to Rule 210(5)(d)(iv) of the Listing Manual of the Singapore Exchange Securities Trading Limited ("SGX-ST").

Additional Details

Name Of Person
Clement Leow Wee Kia
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
22/10/2024
Detailed Reason (s) for cessation
Mr Clement Leow will not be seeking re-election pursuant to Rule 210(5)(d)(iv) of the Listing Manual of the SGX-ST and will retire as an Independent Director at the conclusion of the Annual General Meeting to be convened on 22 October 2024.
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
08/05/2015
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director of the Board
Chairman of Nominating Committee and Remuneration Committee
Member of Audit and Risk Committee
Role and responsibilities
Assumed the roles and responsibilities of an Independent Director of the Board, Chairman of Nominating Committee and Remuneration Committee, and member of Audit and Risk Committee.
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)
Allied Technologies Limited
Crowe Horwath Capital Pte Ltd
Overseas Education Limited
MSM International Limited
Present
Lum Chang Holdings Limited
Grand Team Technologies Pte Ltd