Change - Announcement Of Resignation Of Non-Independent Non-Executive Director
BackNov 02, 2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Nov 2, 2022 18:14 |
| Status | New |
| Announcement Sub Title | Resignation of Non-Independent Non-Executive Director |
| Announcement Reference | SG221102OTHRNL0T |
| Submitted By (Co./ Ind. Name) | Chester Leong |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Non-Independent Non-Executive Director |
| Additional Details | |
| Name Of Person | Mr Slattery Sean Patrick |
| Age | 55 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 03/11/2022 |
| Detailed Reason (s) for cessation | Singapore Telecommunications Limited, a substantial unitholder of NetLink NBN Trust, has nominated Mr Quah Kung Yang in place of Mr Slattery Sean Patrick. Accordingly, Mr Slattery Sean Patrick stepped down from the Board of the Trustee-Manager. Consequently, Mr Slattery Sean Patrick also relinquished his position as Chairman of the Risk and Regulatory Committee. |
| 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 | 28/04/2017 |
| 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) | 5 |
| 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.) | Non-Independent Non-Executive Director, Chairman of the Risk and Regulatory Committee |
| Role and responsibilities | Non-Independent Non-Executive Director, Chairman of the Risk and Regulatory 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 | 200,000 units in NetLink NBN Trust |
| Past (for the last 5 years) | Nil |
| Present | Nil |