Change - Announcement of Cessation::Resignation of Mr Gn Hiang Meng as a Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
KOH BROTHERS GROUP LIMITED
Securities
KOH BROTHERS S$70M5.1%N221027 - SG7IB9000005 - 83BB
KOH BROTHERS GROUP LIMITED - SG1B06007705 - K75
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Dec-2021 18:53:20
Status
New
Announcement Sub Title
Resignation of Mr Gn Hiang Meng as a Non-Executive and Independent Director
Announcement Reference
SG211230OTHR9I5U
Submitted By (Co./ Ind. Name)
Koh Keng Siang
Designation
Managing Director and Group CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive and Independent Director

Additional Details

Name Of Person
Gn Hiang Meng
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2021
Detailed Reason (s) for cessation
Mr Gn has been on the Board for more than 14 years and has decided to step down to facilitate Board renewal.
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
16/08/2007
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)
4
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.)
Chairman of Share Purchase Committee, Member of Audit and Risk Committee, Member of Nominating Committee and Member of Remuneration Committee
Role and responsibilities
Non-Executive and Independent Director
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?
Yes
Shareholding Details
Mr Gn is deemed to be interested in the following ordinary shares held by his spouse, Mdm Loo Bee Hoon:
Koh Brothers Group Limited - 200,000 shares
Koh Brothers Eco Engineering Limited - 28,000 shares
Past (for the last 5 years)
Tee International Ltd
Present
Centurion Corporation Ltd
Haw Par Corporation Ltd
Singhaiyi Group Ltd