Change - Announcement Of Resignation Of Mr Lai Chung Han As An Independent Director

BackJun 10, 2024
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Jun 10, 2024 19:42
Status New
Announcement Sub Title Resignation of Mr Lai Chung Han as an Independent Director
Announcement Reference SG240610OTHRWOE1
Submitted By (Co./ Ind. Name) Looi Lee Hwa
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Resignation of Mr Lai Chung Han as an Independent Director of Seatrium Limited.
Additional Details
Name Of Person Lai Chung Han
Age 51
Is effective date of cessation known? Yes
If yes, please provide the date 30/06/2024
Detailed Reason (s) for cessation Mr Lai Chung Han will be assuming appointment as the Permanent Secretary (Development), Ministry of Finance with effect from 1 July 2024.
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 28/02/2023
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 0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Independent Director and Corporate Social Responsibility Committee Member.
Role and responsibilities Mr Lai is a Non-Executive and 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) Singapore Management University (Board of Trustees)
Present - Ministry of Education (Permanent Secretary)
- National University of Singapore (Member, Board of Trustees)
- Nanyang Technology University (Member, Board of Trustees)
National Institute of Education (Council Chairman)