News| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 12, 2024 7:37 |
| Status | New |
| Announcement Sub Title | Resignation of Non-Executive Independent Director |
| Announcement Reference | SG240412OTHRF498 |
| Submitted By (Co./ Ind. Name) | Ngoo Lin Fong |
| Designation | Executive Director & Finance Director |
| Description (Please provide a detailed description of the event in the box below) | Mr Mak Yen-Chen Andrew will be stepping down as a director upon the conclusion of the Annual General Meeting which will be held on 29 April 2024. |
| Additional Details | |
| Name Of Person | Mak Yen-Chen Andrew |
| Age | 54 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 29/04/2024 |
| Detailed Reason (s) for cessation | Mr Mak Yen-Chen Andrew has served on the Board for more than 9 years since June 2010 and has decided to resign in support of board renewal process. |
| 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 | 21/06/2010 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 3 |
| 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.) | Non-Executive Independent director Chairman of Remuneration Committee Member of Audit Committee |
| Role and responsibilities | Non-Executive and Independent |
| 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) | 1.Falcon Energy Group Limited 2.China Jishan Holdings Limited |
| Present | 1.Far East Group Limited 2.H2G Green Limited 3.The Singapore Lyric Opera Limited |