MTQ Corporation Limited

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Change - Announcement Of Resignation Of Independent Director

BackOct 28, 2016
Announcement Title Change - Announcement of Cessation
Announcement Subtitle Resignation of Independent Director
Securities MTQ CORPORATION LIMITED (MTQ)
Date & Time of Broadcast Oct 28, 2016 17:28
Submitted By Dominic Siu Man Kit
Company Secretary
Description Resignation of Independent Director
Cessation Details
Name of person Ong Choo Eng
Age 73
Is effective date of cessation known? Yes
Effective date for cessation Oct 28, 2016
Detailed reason(s) for cessation Mr Ong Choo Eng tendered his resignation as an Independent Director after serving on the Board for 19 years to allow progressive refreshing of the Board pursuant to the 2012 Code of Corporate Governance.
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 Sep 9, 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 this account this cessation) 4
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months 0
Job Title Independent Director and Member of the Remuneration Committee
Role and responsibilities Non-executive
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries Mr Ong Choo Eng is the father of the Company's newly appointed Director, Mr Ong Eng Yaw
Shareholdings interest in the listed issuer and its subsidaries? No
Other directorships
Past (for the last 5 years) Please refer to Appendix 1.
Present Please refer to Appendix 1.

Attachments

  1. Appendix 1 (Size: 36,676 bytes)
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