Investor Relations - News
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
- Appendix 1 (Size: 36,676 bytes)