News
Change - Announcement Of Retirement Of Independent Director
BackJul 13, 2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 13, 2022 21:14 |
| Status | New |
| Announcement Sub Title | RETIREMENT OF INDEPENDENT DIRECTOR |
| Announcement Reference | SG220713OTHRJ5I2 |
| Submitted By (Co./ Ind. Name) | Mark Francis Bedingham |
| Designation | Executive Director, President and CEO |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Independent Director |
| Additional Details | |
| Name Of Person | Fong Sing Chak Jack |
| Age | 58 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 28/07/2022 |
| Detailed Reason (s) for cessation | Pursuant to Article 91 of the Company's Constitution, Mr Fong Sing Chak Jack has decided to retire and not to seek re-election at the conclusion of the Annual General Meeting of the Company to be held on 28 July 2022. |
| 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 | 06/11/2013 |
| 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) | 2 |
| 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.) | Independent Director, member of Audit, Remuneration and Nominating Committee |
| Role and responsibilities | Independent Director, member of Audit, Remuneration and Nominating Committee |
| 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 | Mr Fong Sing Chak Jack is deemed interested in 1,000,000 shares registered in the name of a nominee account. |
| Past (for the last 5 years) | 1. Gist Sourcing Limited, Hong Kong 2. ICO Group Limited |
| Present | 1. Trade Honour Limited, Hong Kong 2. Atelier Fashion Limited, Hong Kong |