Change - Announcement of Cessation::Cessation of Independent Chairman and Lead Independent Director

Issuer & Securities

Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Oct-2021 15:58:54
Status
New
Announcement Sub Title
Cessation of Independent Chairman and Lead Independent Director
Announcement Reference
SG211031OTHRANHA
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)

Retirement of the Independent Chairman and Lead Independent Director following the conclusion of the Annual General Meeting held on 30 October 2021.

Additional Details

Name Of Person
Chan Wai Kwong Michael
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
30/10/2021
Detailed Reason (s) for cessation
Mr Chan Wai Kwong, Michael, who was not re-elected as a Director of the Company at the Annual General Meeting of the Company held on 30 October 2021 ("AGM"), shall retire as a Director and relinquish his positions as Independent Chairman and Lead Independent Director of the Company with effect from the conclusion of the AGM.
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
09/12/2015
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Chairman, Lead Independent Director, Chairman of Audit Committee and member of the Remuneration and Nominating Committees.
Role and responsibilities
Non-Executive
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
5,000,000 ordinary shares
Past (for the last 5 years)
Nil
Present
SF Company Ltd.