News
Change - Announcement Of Cessation Of Independent Director - Wong Gang
BackOct 26, 2018
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Oct 26, 2018 20:52 |
| Status | New |
| Announcement Sub Title | Cessation of Independent Director - Wong Gang |
| Announcement Reference | SG181026OTHRW4ZG |
| Submitted By (Co./ Ind. Name) | Victor Tan Kok Mian |
| Designation | Executive Director and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Mr Wong Gang as Independent Director, Chairman of the Nominating & Remuneration Committee and Audit Committee member |
| Additional Details | |
| Name Of Person | Wong Gang |
| Age | 48 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 26/10/2018 |
| Detailed Reason (s) for cessation | The resignation of Mr Wong Gang was part of the completion of the change in controlling shareholder of Bowsprit Capital Corporation Limited, as manager of First Real Estate Investment Trust. Consequently, Mr Wong Gang also relinquished his position as Independent Director, Chairman of the Nominating & Remuneration Committee and Audit Committee member. |
| 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 | 20/06/2012 |
| 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) | 4 |
| 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.) | Independent Director, Chairman of the Nominating & Remuneration Committee and Audit Committee member |
| 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 | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Tianjin Zhongxin Pharmaceutical Group Corporation Limited China Animal Healthcare Limited |
| Present | JEP Holdings Limited Renewable Energy Asia Group Limited |
