Change - Announcement Of Resignation Of Independent Non-Executive Director
BackNov 03, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Nov 3, 2023 17:27 |
| Status | New |
| Announcement Sub Title | Resignation of Independent Non-Executive Director |
| Announcement Reference | SG231103OTHR89BI |
| Submitted By (Co./ Ind. Name) | Eunice Hooi |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Independent Non-Executive Director |
| Additional Details | |
| Name Of Person | Mr Eric Ang Teik Lim |
| Age | 70 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/12/2023 |
| Detailed Reason (s) for cessation | As part of the board renewal process, Mr Eric Ang Teik Lim will be stepping down from the Board of NetLink NBN Management Pte. Ltd, the Trustee-Manager of NetLink NBN Trust. Consequently, Mr Eric Ang Teik Lim will also relinquish his position as 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 | 24/03/2017 |
| 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) | 6 |
| 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 - Audit Committee Member - Nominating Committee Member |
| Role and responsibilities | - Independent Non-Executive Director - Audit Committee Member - Nominating Committee Member |
| 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 | 100,000 units in NetLink NBN Trust |
| Past (for the last 5 years) | - Changi Airport Group (Singapore) Pte Ltd - Sembcorp Marine Ltd - DBS Foundation Ltd |
| Present | - Raffles Medical Group Ltd - Wing Tai Holdings Limited - Surbana Jurong Private Limited |