|Announcement Title||Change - Announcement of Cessation|
|Date & Time of Broadcast||Mar 28, 2022 20:14|
|Announcement Sub Title||RESIGNATION OF NON-INDEPENDENT AND NON-EXECUTIVE DIRECTOR|
|Submitted By (Co./ Ind. Name)||Mr. Yet Kum Meng|
|Designation||Chief Executive Officer and Executive Director|
|Description (Please provide a detailed description of the event in the box below)||Resignation of Mr. Tadahiro Kiyosu as a Non-Independent and Non-Executive Director.
This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.
The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, firstname.lastname@example.org.
|Name Of Person||Tadahiro Kiyosu|
|Is effective date of cessation known?||Yes|
|If yes, please provide the date||01/04/2022|
|Detailed Reason (s) for cessation||Mr. Tadahiro Kiyosu ("Mr. Kiyosu") had, on 22 March 2022, tendered his resignation as a Non-Independent and Non-Executive Director of OUE Lippo Healthcare Limited (the "Company" and together with its subsidiaries, the "Group") with effect from 1 April 2022 to assume other responsibilities within the ITOCHU Group.
Mr. Kiyosu's notice period is 10 days from 22 March 2022.
After having interviewed Mr. Kiyosu and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Kiyosu as a Non-Independent and Non-Executive Director of the Company.
|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||07/05/2019|
|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-Independent and Non-Executive Director and a member of the Nominating and Remuneration Committee of the Company|
|Role and responsibilities||The role and responsibilities as a Non-Independent and Non-Executive Director and a member of the Nominating and Remuneration Committee of the Company|
|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. ITOCHU Treasury Centre Asia Pte. Ltd.
2. Itochu Kenzai Corporation
3. Pacific Woodtech Corporation
4. Master-Halco, Inc.
5. Daiken Corporation
6. Tokyo Lumber Terminal Co., Ltd
7. Albany Plantation Export Company Pty. Limited
8. South Wood Export Limited
9. Albany Bulk Holding Pty Ltd
10. Southland Plantation Forest Company of New Zealand
11. Acacia Afforestation Asia Co., Ltd.
12. Itochu Ceratech Co.
13. LLC ITR
14. European Tyre Enterprise Ltd.
15. P.T. Aneka Bumi Pratama
16. Rubbernet (Asia) Pte Ltd.
17. Raffles Cement Pte Ltd.
18. IG Windows Co
19. Yokohama Scandinavia AB
|Present||1. OUE Lippo Healthcare Limited
2. ITOCHU Singapore Pte ltd
3. ITOCHU Malaysia Sdn Bhd
4. PT ITOCHU Indonesia