Announcement Title | Change - Announcement of Cessation |
Date & Time of Broadcast | May 1, 2022 11:12 |
Status | New |
Announcement Sub Title | Resignation of Mr Tan Ngiap Siew as an Independent Non-Executive Director of HRnetGroup Limited |
Announcement Reference | SG220501OTHRUT17 |
Submitted By (Co./ Ind. Name) | Sim Yong Siang |
Designation | Founding Chairman |
Description (Please provide a detailed description of the event in the box below) | Resignation of Mr Tan Ngiap Siew as an Independent Non-Executive Director of HRnetGroup Limited. |
Additional Details | |
Name Of Person | Tan Ngiap Siew |
Age | 69 |
Is effective date of cessation known? | Yes |
If yes, please provide the date | 02/05/2022 |
Detailed Reason (s) for cessation | Mr Tan Ngiap Siew ("NS Tan") is stepping down as a director of the Company due to health reasons. NS Tan will also cease to be the Chairman of the Remuneration Committee and a member of the Audit and Nominating 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) | 1 |
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 Non-Executive Director, Chairman of the Remuneration Committee and a member of the Nominating and Audit Committees. |
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 | No |
Shareholding interest in the listed issuer and its subsidiaries? | No |
Past (for the last 5 years) | 1. Plastoform Holdings Limited 2. Serrano Limited |
Present | Nil |