News
Change - Announcement Of Resignation Of Independent Non-Executive Director
BackMay 03, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | May 3, 2024 18:02 |
| Status | New |
| Announcement Sub Title | Resignation of Independent Non-Executive Director |
| Announcement Reference | SG240503OTHR7UB9 |
| Submitted By (Co./ Ind. Name) | ARA Trust Management (USH) Pte. Ltd./Lim Kai Lun |
| Designation | Head of Finance |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Ms. Stefanie Yuen Thio as Independent Non-Executive Director, Member and Chairperson of Audit and Risk Committee |
| Additional Details | |
| Name Of Person | Stefanie Yuen Thio |
| Age | 54 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 03/05/2024 |
| Detailed Reason (s) for cessation | Ms. Stefanie Yuen Thio ("Ms. Thio") is leaving to pursue and devote more bandwidth as founding Chairperson of SG Her Empowerment Limited. Following her resignation, Ms. Thio will relinquish her role as Independent Non-Executive Director, Member and Chairperson of Audit and Risk Committee on 3 May 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 | 12/04/2019 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Non-Executive Director, Member and Chairperson of Audit and Risk Committee |
| Role and responsibilities | Independent Non-Executive Director, Member and Chairperson of Audit and Risk Committee |
| 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 | 50000 |
| Past (for the last 5 years) | Please refer to Annexure A. |
| Present | Please refer to Annexure B. |
