CHANGE – ANNOUNCEMENT OF CESSATION : RESIGNATION OF EXECUTIVE DIRECTOR – NGO YIT SUNG
| Announcement Title | Change – Announcement of Cessation |
| Date & Time of Broadcast | 31-Dec-2024 13:15:59 |
| Status | New |
| Announcement Sub Title | Resignation of Executive Director – Ngo Yit Sung |
| Announcement Reference | SG241231OTHRMCNS |
| Submitted By (Co./ Ind. Name) | Gwee Chee Kiang |
| Designation | Group Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Ngo Yit Sung as Executive Director of the Company. |
Additional Details
Name Of Person
Ngo Yit Sung
Age
43
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2024
Detailed Reason (s) for cessation
Mr. Ngo Yit Sung gave notice of his resignation to facilitate Board renewal and succession planning.
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
10/07/2023
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Duties of an Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
1. TOTM Technologies Limited
2. International Biometrics Pte. Ltd.
3. Netlink VJ Pte. Ltd.
Present
1. RichLand Logistics Services Pte Ltd
2. World Precision Machinery Limited
3. China Shenshan Orchard Holdings Co. Ltd.