Change - Announcement Of Retirement Of Independent Non-Executive Director
BackDec 23, 2021
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Dec 23, 2021 17:18 |
| Status | New |
| Announcement Sub Title | Retirement of Independent Non-Executive Director |
| Announcement Reference | SG211223OTHRABN1 |
| Submitted By (Co./ Ind. Name) | Lee Wei Hsiung |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Independent Non-Executive Director, Chairman of the Nominating and Remuneration Committee and member of the Audit and Risk Committee |
| Additional Details | |
| Name Of Person | Nir Ellenbogen |
| Age | 61 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/12/2021 |
| Detailed Reason (s) for cessation | As part of the Company's planned process of renewal of independent directors on its board, Mr Nir Ellenbogen has voluntarily retired as Independent Non-Executive Director, Chairman of the Nominating and Remuneration Committee, and member of the Audit and Risk 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 | 05/12/2013 |
| 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) | 2 |
| 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 Nominating and Remuneration Committee, and member of the Audit and Risk Committee |
| Role and responsibilities | Role of the Independent Non-Executive Director, Chairman of the Nominating and Remuneration Committee, and member of the Audit and Risk 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 | 255,947 units |
| Past (for the last 5 years) | Nil |
| Present | 1. CeePro Pte. Ltd. 2. Focalpoint Asia 3. Eye-Lens Pte. Ltd. 4. Shinagawa Eye Centre Pte. Ltd. |
