Change - Announcement of Cessation::Announcement on retirement of Independent Director who is an Audit Committee Chairman
Issuer & Securities
MICRO-MECHANICS (HOLDINGS) LTD.
MICRO-MECHANICS (HOLDINGS) LTD - SG1O09910991 - 5DD
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Announcement on retirement of Independent Director who is an Audit Committee Chairman
Submitted By (Co./ Ind. Name)
Chow Kam Wing
Description (Please provide a detailed description of the event in the box below)
Please see below.
Name Of Person
Ng Beng Tiong
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Retirement from the Board of Directors at Annual General Meeting pursuant to Article 91 of the Company's Articles of Association.
Mr Ng Beng Tiong has informed the Board of Directors that he did not wish to stand for re-election following his retirement from the Board of Directors at the Annual General Meeting due to work commitments.
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?
If Yes, Please provide full details
Miss Lai Chin Yee will fill the position of Audit Committee Chairman vacated by Mr Ng Beng Tiong.
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.)
Independent Director, Chairman of the Audit Committee, member of the Nominating Committee and member of the Remuneration Committee
Role and responsibilities
Responsibilities as Independent Director, Chairman of the Audit Committee, member of the Nominating Committee and member of the Remuneration Committee
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?
Past (for the last 5 years)