Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
CORDLIFE GROUP LIMITED
Securities
CORDLIFE GROUP LIMITED - SG2E64980112 - P8A
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Feb-2025 17:35:50
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG250219OTHROJ65
Submitted By (Co./ Ind. Name)
Goh Xun Er
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Dato' Dr Teo Tong Kooi as Independent Director.

Additional Details

Name Of Person
Dato' Dr Teo Tong Kooi
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
19/02/2025
Detailed Reason (s) for cessation
Dato' Dr. Teo has informed the Board that he wishes to step down as an Independent Director of the Company to focus on other commitments. The Board records its appreciation for Dato' Dr. Teo's contributions and leadership during his tenure.
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
14/05/2024
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
10
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director; Chairman of each of the Nominating Committee and Remuneration Committee and a member of the Audit and Risk Committee.
Role and responsibilities
Independent Director of the Company
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
Other Directorships
Past (for the last 5 years)
Nil
Present
- Independent Director - UOB Kay Hian Securities (M) Sdn Bhd
- Independent Director - China Automative Systems, Inc.