| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 18, 2022 7:40 |
| Status | New |
| Announcement Sub Title | Retirement of Lead Independent Non-Executive Director |
| Announcement Reference | SG220418OTHRSVVJ |
| Submitted By (Co./ Ind. Name) | Sim Yong Siang |
| Designation | Founding Chairman |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Lead Independent Non-Executive Director. |
| Additional Details | |
| Name Of Person | Sin Boon Ann |
| Age | 64 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 28/04/2022 |
| Detailed Reason (s) for cessation | Mr Sin Boon Ann retires as Lead Independent Non-Executive Director and Chairman of Nominating Committee on 28 April 2022 to allow for renewal of the Board. Following Mr Sin's retirement, Mr Sin will also cease to be a member of the Audit and Remuneration Committees. |
| 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 | 16/05/2017 |
| 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 | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Lead Independent Non-Executive Director, Chairman of Nominating Committee and a member of the Audit and Remuneration Committee. |
| 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? | No |
| Past (for the last 5 years) | 1. SE Hub Ltd. 2. Datapulse Technology Limited 3. At-Sunrice GlobalChef Academy Pte. Ltd. 4. DrewCorp Services Pte Ltd 5. Drew & Napier LLC |
| Present | 1. Sarine Technologies Ltd. 2. The Trendlines Group Ltd. 3. Healthway Medical Corporation Limited 4. Rex International Holding Limited 5. TIH Limited 6. OUE Limited 7. CSE Global Limited 8. Balkan Holdings Pte. Ltd 9. The Farrer Park Company Pte. Ltd. 10. W Capital Markets Pte. Ltd. 11. At-Sunrice (Holdings) Pte. Ltd. 12. Esseplore Pte. Ltd. 13. Singapore Centre for Social Enterprise, Raise Ltd. 14. Tampines Central Community Foundation Limited |