Change - Announcement of Cessation::Retirement of Mr David Chan Mun Wai as Director

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS INSURANCE LIMITED
Securities
UNITED OVERSEAS INSURANCE LTD - SG1M91002014 - U13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Mar-2024 17:39:09
Status
New
Announcement Sub Title
Retirement of Mr David Chan Mun Wai as Director
Announcement Reference
SG240328OTHRDWF2
Submitted By (Co./ Ind. Name)
Theresa Sim
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr David Chan Mun Wai as Director on 19 April 2024 at close of United Overseas Insurance Limited (UOI) Annual General Meeting (AGM).

Additional Details

Name Of Person
David Chan Mun Wai
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
19/04/2024
Detailed Reason (s) for cessation
Mr David Chan Mun Wai will retire by rotation and not seek re-election at the UOI AGM to be held on 19 April 2024.
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
10/03/1994
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)
5
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.)
Director
Role and responsibilities
Director
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
21,000 UOI shares
Past (for the last 5 years)
- Union (2009) Limited
(Director)

- United Facilities Private Limted
(Director)
Present
- Singapore Reinsurance Corporation Limited
(Director/Deputy Chairman)

- Singapore-Re Management Services Pte Ltd
(Director/Deputy Chairman)

- Uni.Asia Capital Sdn Bhd (In member's voluntary liquidation)
(Deputy Chairman)