| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 30, 2024 22:08 |
| Status | New |
| Announcement Sub Title | Announcement of Cessation of Lead Independent Non-Executive Director |
| Announcement Reference | SG240430OTHRPQV4 |
| Submitted By (Co./ Ind. Name) | Wang Heng |
| Designation | Chief Executive Officer and Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Announcement of Cessation of Lead Independent Non-Executive Director |
| Additional Details | |
| Name Of Person | Oh Eng Bin |
| Age | 50 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/04/2024 |
| Detailed Reason (s) for cessation | Mr. Oh Eng Bin ("Mr. Oh") did not seek for re-election at the Company's annual general meeting held on 30 April 2024 ("AGM"). Accordingly, Mr. Oh retired as a Lead Independent Non-Executive Director of the Company, the Chairman of the Nominating Committee and as a member of the Audit and Risk Committee and Remuneration Committee of the Company at the conclusion of the AGM. Mr. Oh confirms that there are no concerns or disagreements with the Board or management of the Company over matters involving the Company that led to his retirement. |
| 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 | 18/12/2017 |
| 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) | 1 |
| 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 Non-Executive Director, Chairman of the Nominating Committee, member of the Audit and Risk Committee and the Remuneration Committee |
| 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 | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | SHS Holdings Ltd |
| Present | Ferrell Financial Group Limited Encapture Pte Ltd Propinquity Investments Ltd Omnibridge Investments Pte. Ltd. Omnibridge Investment Partners Pte. Ltd. Omnibridge Capital Pte. Ltd. |
