Change - Announcement of Cessation::Retirement of Director - Dr. John Chen Seow Phun

Issuer & Securities

Issuer/ Manager
PAVILLON HOLDINGS LTD.
Securities
PAVILLON HOLDINGS LTD. - SG1I46882631 - 596
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Apr-2024 19:12:47
Status
New
Announcement Sub Title
Retirement of Director - Dr. John Chen Seow Phun
Announcement Reference
SG240426OTHREFOL
Submitted By (Co./ Ind. Name)
Mr. Fan Bin
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Pavillon Holdings Ltd. (the Company or together with its subsidiaries the Group ) wishes to
announce the retirement of Dr. John Chen Seow Phun as Executive Chairman of the Company at the Annual General Meeting held on 26 April 2024.

Upon his retirement, Dr. Chen will be accorded the title Chairman Emeritus in recognition of his invaluable contributions since 2001.

The Board would like to take this opportunity to record their heartfelt appreciation and thanks to Dr. Chen for his invaluable contributions to the Company.

Additional Details

Name Of Person
Dr. John Chen Seow Phun
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2024
Detailed Reason (s) for cessation
Dr. Chen retired at the conclusion of the AGM as part of the board renewal process.
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
13/12/2001
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman
Role and responsibilities
Oversees the business direction, long term strategic planning and the overall management and operations of the Group.
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?
Yes
Shareholding Details
23,163,525 Shares
Dr Chen is deemed to be interested in 22,252,725 Shares held by Unigold Asia Limited and 62,500 Shares held by his spouse. He is also the beneficial owner of 848,300 Shares held by DBS Nominees (Private) Limited.
Past (for the last 5 years)
National University Health System Pte Ltd
Fu Yu Corporation Limited (Resigned on 5 July 2021)
Hong Lai Huat Group Limited
Hiap Seng Engineering Ltd (Resigned on 1 July 2023)
Tianjin Lanting Leasing Co., Ltd
Pavillon Business Development (Shanghai) Co. Ltd.
Fengchi IOT Management Co., Ltd.
Present
JCL Business Development Pte Ltd
Unigold Asia Limited
OKP Holdings Limited
PSC Corporation Ltd (f.k.a. Hanwell Holdings Ltd)
Matex International Limited
SAC Capital Private Limited
Tat Seng Packaging Group Ltd
JLM Foundation Ltd
SAC Advisors Pte Ltd
Sinostar Pec Holdings Ltd
Cosco Shipping International (Singapore) Co Ltd