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Change - Announcement Of Retirement Of Independent Non-Executive Director

BackApr 24, 2018
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Apr 24, 2018 22:14
Status New
Announcement Sub Title Retirement of Independent Non-Executive Director
Announcement Reference SG180424OTHRACH6
Submitted By (Co./ Ind. Name) Mr Tan Henry @ Henn Tan
Designation Chairman, Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below) Retirement of Independent Non-Executive Director
Additional Details
Name Of Person Professor Lee Chuen Neng
Age 66
Is effective date of cessation known? Yes
If yes, please provide the date 24/04/2018
Detailed Reason (s) for cessation Professor Lee Chuen Neng retired as an Independent Non-Executive Director of the Company at the conclusion of the Company's Annual General Meeting held on 24 April 2018.
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 16/03/2018
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) 4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Independent Non-Executive Director
Role and responsibilities 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) Nil
Present i. Paracrine Therapeutics Pte Ltd;

ii. 2D Materials Pte Ltd;

iii. Quantum Tx Pte Ltd; and

iv. Vesiderm Pte Ltd.