News

    Change - Announcement Of Retirement Of Independent Non-Executive Director

    BackMar 25, 2021
    Announcement Title Change - Announcement of Cessation
    Date & Time of Broadcast Mar 25, 2021 23:10
    Status New
    Announcement Sub Title RETIREMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR
    Announcement Reference SG210325OTHRKU10
    Submitted By (Co./ Ind. Name) Sau Ean Nee
    Designation Company Secretary
    Description (Please provide a detailed description of the event in the box below) Ms. Ng Shin Ein will step down from the Board as an Independent Non-Executive Director and cease to serve as Chairperson of the Risk Management and Sustainability Committee, a member of the Audit Committee and a member of the Remuneration Committee at the conclusion of the annual general meeting of Yanlord Land Group Limited ("Company") to be held on 29 April 2021 ("2021 AGM").
    Additional Details
    Name Of Person Ng Shin Ein
    Age 46
    Is effective date of cessation known? Yes
    If yes, please provide the date 29/04/2021
    Detailed Reason (s) for cessation Ms. Ng Shin Ein is due to retire by rotation at the 2021 AGM pursuant to Regulation 89 of the Company's Constitution. She has served the Board as an Independent Non-Executive Director for more than nine years and in support of the Board's progressive renewal, she has decided not to seek re-election.
    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 11/05/2006
    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.) Independent Non-Executive Director, Chairperson of Risk Management and Sustainability Committee, member of Audit Committee and Remuneration Committee
    Role and responsibilities Assumed the roles and responsibilities of an Independent Non-Executive Director, Chairperson of the Risk Management and Sustainability Committee, a member of the Audit Committee and a member of the 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? Yes
    Shareholding Details Ms. Ng Shin Ein holds 118,000 ordinary shares of the Company.
    Past (for the last 5 years) 1. First Resources Limited
    2. NTUC Fairprice Co-operative Limited
    3. Working Capital Partners Ltd
    4. Eu Yan Sang International Ltd
    5. Dreamscape Networks Limited
    6. Sabana Real Estate Investment Management Pte. Ltd.
    Present 1. Grab Holdings Inc.
    2. CSE Global Limited
    3. Starhub Ltd.
    4. Singapore International Foundation
    5. Oswaldus Holdings Pte. Ltd.
    6. Avarga Limited
    7. Blue Ocean Associates Pte. Ltd.