See Hup Seng
Investor Relations
News
Change - Announcement Of Resignation Of Independent Non-Executive Director
BackMay 29, 2025
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | May 29, 2025 22:01 |
| Status | New |
| Announcement Sub Title | Resignation of Independent Non-Executive Director |
| Announcement Reference | SG250529OTHR4AQ4 |
| Submitted By (Co./ Ind. Name) | Eunice Hooi |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Mr. Lee Gee Aik (Mr. Lee) will resign as Independent Non-Executive Director at the conclusion of the Annual General Meeting held on 29 May 2025 after serving the Company for a consecutive 9 years since July 2025. He will also relinquish his positions as Lead Independent Director, Chairman of the Audit and Nominating Committees, and member of the Remuneration Committee. |
| Additional Details | |
| Name Of Person | Lee Gee Aik |
| Age | 66 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 29/05/2025 |
| Detailed Reason (s) for cessation | As part of the board renewal process, Mr. Lee who has served as Independent Non-Executive Director for a consecutive 9 years, has resigned as Independent Non-Executive Director at the conclusion of the Annual General Meeting held on 29 May 2025. Consequent to his resignation as Independent Non-Executive Director, he will also relinquish his positions as Lead Independent Director, Chairman of the Audit and Nominating Committees, and member of the Remuneration 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 | 24/07/2015 |
| 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.) | Lead Independent Director, Chairman of the Audit and Nominating Committees and member of the Remuneration Committee |
| Role and responsibilities | Lead Independent Director |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | - Anchun International Holdings Limited - Uni-Asia Group Limited |
| Present | - Astaka Holdings Limited - CH Offshore Limited - AlphaRock Signet Fund VCC |