| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 11, 2024 21:17 |
| Status | New |
| Announcement Sub Title | Retirement of Non-Executive and Independent Director |
| Announcement Reference | SG240711OTHRN0J1 |
| Submitted By (Co./ Ind. Name) | Siau Kuei Lian |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Dr Steve Lai Mun Fook as Non-Executive and Independent Director |
| Additional Details | |
| Name Of Person | Steve Lai Mun Fook |
| Age | 73 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 29/07/2024 |
| Detailed Reason (s) for cessation | Dr Steve Lai Mun Fook, who is due to retire at the Company's Annual General Meeting ("AGM") pursuant to Regulation 117 of the Constitution of the Company, will not seek for re-election as a Director at the conclusion of the AGM. |
| 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 | 28/12/2007 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive and Independent Director, Chairman of Nominating Committee and a Member of Audit Committee and Remuneration Committee |
| Role and responsibilities | Non-Executive and Independent Director, Chairman of Nominating Committee and a Member of Audit Committee and Remuneration Committee |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | 1) Intraco Limited |
| Present | 1) 3dense Media School Pte. Ltd. 2) Singapore Institute of Power and Gas Pte. Ltd. 3) 17Live Group Limited |