| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 23, 2021 23:12 |
| Status | New |
| Announcement Sub Title | Retirement of Director |
| Announcement Reference | SG210423OTHRVJ1O |
| Submitted By (Co./ Ind. Name) | Tan Sock Kiang |
| Designation | Group Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr Albert Choo Teow Huat at the conclusion of the 51st Annual General Meeting held on 23 April 2021. |
| Additional Details | |
| Name Of Person | Albert Choo Teow Huat |
| Age | 77 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 23/04/2021 |
| Detailed Reason (s) for cessation | Mr Albert Choo Teow Huat had served the Board since 18 February 2002 and decided not to seek re-election. Accordingly, Mr Choo retired by rotation under Article 105 of the Company's Constitution at the conclusion of the 51st Annual General Meeting. |
| 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 | 18/02/2002 |
| 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 | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive and Independent Director Chairman of Audit & Risk Committee Chairman of Nominating Committee Member of Remuneration Committee |
| Role and responsibilities | Non-Executive and Independent Director Chairman of Audit & Risk Committee Chairman of Nominating Committee Member of Remuneration Committee |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Nil |
| Present | Nil |
