News
Change - Announcement Of Retirement Of Non-Executive Non-Independent Director And Chairman
BackMar 14, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Mar 14, 2024 19:21 |
| Status | New |
| Announcement Sub Title | Retirement of Non-Executive Non-Independent Director and Chairman |
| Announcement Reference | SG240314OTHR74CD |
| Submitted By (Co./ Ind. Name) | Tan Kheng Hwee Andrew |
| Designation | Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Prof. Yong Kwet Yew is stepping down as a Non-Executive Non-Independent Director of BBR Holdings (S) Ltd. Prof. Yong will, upon his cessation, relinquish his role as Chairman of the Board and a member of the Audit & Risk and Nominating Committee. The Board would like to extend its appreciation to Prof. Yong Kwet Yew for his valuable and significant contributions to the Company during his tenure of service. |
| Additional Details | |
| Name Of Person | Prof. Yong Kwet Yew |
| Age | 70 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/04/2024 |
| Detailed Reason (s) for cessation | Prof. Yong Kwet Yew has decided to step down after the conclusion of the Company's forthcoming Annual General Meeting, having served on the Board of the Company for 27 years. |
| 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 | 19/08/1997 |
| 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 | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive and Non-Independent Director, Chairman of the Board, Member of Audit & Risk Committee and Nominating Committee |
| Role and responsibilities | Non-Executive and Non-Independent Director, Chairman of the Board, Member of Audit & Risk Committee and Nominating 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 | Listed Directorship: Tritech Group Limited Boustead Projects Limited Public Sector: Public Utilities Board, Board Member Principal Commitment: National University of Singapore, Professor of Civil and Environmental Engineering |