Change - Announcement of Cessation::Retirement of Non-Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
LEADER ENVIRONMENTAL TECHNOLOGIES LIMITED
Securities
LEADER ENVIRONMENTAL TECH LTD - SG2B93959478 - LS9
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Apr-2022 08:07:30
Status
New
Announcement Sub Title
Retirement of Non-Independent Non-Executive Director
Announcement Reference
SG220411OTHRJ19V
Submitted By (Co./ Ind. Name)
Ngoo Lin Fong
Designation
Executive Director/Finance Director
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Leader Environmental Technologies Limited would like to announce the retirement of Mr. Lin Bai Yin ("Mr. Lin") as Non-Independent Non-Executive Director after the Company's Annual General Meeting ("AGM") held on 28 April 2022.

Additional Details

Name Of Person
Lin Baiyin
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2022
Detailed Reason (s) for cessation
Mr. Lin will retire by rotation pursuant to Regulation 104 of the Constitution at the conclusion of the AGM to focus on his personal commitments. Accordingly, he will step down as Non-Independent Non-Executive Director. The Board would like to express their gratitude for his contributions during his time with 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
15/11/2021
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Non-Executive Director
Role and responsibilities
Group's adviser.
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?
Yes
Shareholding Details
Direct interest - 1,000,000 ordinary shares and deemed interest - 4,000 ordinary shares
Past (for the last 5 years)
None
Present
None