Change - Announcement of Cessation::Retirement of Independent & Non-executive Director

Issuer & Securities

Issuer/ Manager
YEO HIAP SENG LTD
Securities
YEO HIAP SENG LTD - SG1I10878425 - Y03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Feb-2023 18:22:02
Status
New
Announcement Sub Title
Retirement of Independent & Non-executive Director
Announcement Reference
SG230228OTHRP1GH
Submitted By (Co./ Ind. Name)
Heng Hee Choo
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Sitoh Yih Pin as an Independent & Non-executive Director of the Company.

Additional Details

Name Of Person
Sitoh Yih Pin
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2023
Detailed Reason (s) for cessation
Mr Sitoh Yih Pin will be retiring by rotation at the upcoming Annual General Meeting of the Company and has decided not to seek for re-election as a 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
01/10/2019
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent & Non-executive Director
Chairman of Nominating Committee
Member of Remuneration Committee
Role and responsibilities
Independent & Non-executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None.
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
1. PAP Community Foundation
2. CLA Global TS Public Accounting Corporation
3. ISEC Healthcare Ltd.
4. NTS Asia Advisory Pte. Ltd.
5. Nexia China Pte. Ltd.
Present
1. CLA Global TS Holdings Pte. Ltd.
2. CLA Global TS Risk Advisory Pte. Ltd.
3. CLA Global TS Tax Services Pte. Ltd.
4. CLA Global TS Technology Pte. Ltd.
5. CLA Global TS Advisory Pte. Ltd.
6. CLA Global TS Advisory Sdn. Bhd.
7. TSA Capital Pte Ltd
8. TSA Recruitment Consultants Pte Ltd
9. NTS Myanmar Company Limited
10. China Taiping Insurance (Singapore) Pte. Ltd.
11. Talkmed Group Limited