Change - Announcement of Cessation::Cessation of Chairman of the Board

Issuer & Securities

Issuer/ Manager
ISETAN (SINGAPORE) LIMITED
Securities
ISETAN (SINGAPORE) LTD - SG1D89001201 - I15
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Mar-2017 18:23:46
Status
New
Announcement Sub Title
Cessation of Chairman of the Board
Announcement Reference
SG170331OTHRW2N3
Submitted By (Co./ Ind. Name)
Lun Chee Leong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Executive Chairman

Additional Details

Name Of Person
Jun Yokoyama
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
01/04/2017
Detailed Reason (s) for cessation
In conjunction with Mr Toshihiko Nakagome's appointment as a Non-Executive Non-Independent Director of the Company and Chairman of the Board with effect from 1 April 2017, Mr Jun Yokoyama has stepped down as Chairman of the Board. Mr Jun Yokoyama remains a Non-Executive Non-Independent Director of the Company.
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
01/04/2013
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of the Board and Non-Executive Non-Independent Director.
Role and responsibilities
He serves as the Chairman of the Board.
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