News
Change - Announcement Of Cessation Of Alternate Director
BackAug 11, 2020
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Aug 11, 2020 17:51 |
| Status | New |
| Announcement Sub Title | Cessation of Alternate Director |
| Announcement Reference | SG200811OTHRZXK9 |
| Submitted By (Co./ Ind. Name) | Wong Teek Son |
| Designation | Executive Chairman & Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Mr Wong Teck Choon as Alternate Director to Mr Wong Teek Son. |
| Additional Details | |
| Name Of Person | Wong Teck Choon |
| Age | 46 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 11/08/2020 |
| Detailed Reason (s) for cessation | The cessation is in line with the appointment of alternate director for limited periods in exceptional cases. Mr Wong Teck Choon ceased as Alternate Director so he can continue to focus on business development opportunities of the Group as Group Business Development Manager 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 | 22/04/2019 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Alternate Director to Mr Wong Teek Son and Group Business Development Manager |
| Role and responsibilities | Fulfilling the responsibility as alternate director and responsible for the production of cleanroom finger cots and exploring business development opportunities for the Group for other cleanroom consumables as Group Business Development Manager. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Mr Wong Teck Choon is the brother of Mr Wong Teek Son, who is the Executive Chairman, Chief Executive Officer and substantial shareholder of the Company. |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | Mr Wong Teck Choon holds 23,663,960 ordinary shares in the Company |
| Past (for the last 5 years) | Nil |
| Present | Riverstone Resources (S) Pte Ltd Riverstone Resources Sdn Bhd Riverstone Resources (Wuxi) Company Limited Eco Medi Glove Sdn Bhd Eco Medi Glove Products (Shenzhen) Co. Ltd |