| Announcement Title |
Change - Announcement of Cessation |
| Announcement Subtitle |
Retirement of Independent Director |
| Securities |
COSMOSTEEL HOLDINGS LIMITED (COSMOSTE)
|
| Date & Time of Broadcast |
Jan 24, 2018 20:35 |
| Submitted By |
Ong Chin Sum
Chief Executive Officer |
| Description |
Retirement of Independent Director - Jovenal R. Santiago |
| Cessation Details |
| Name of person |
Jovenal R. Santiago |
| Age |
80 |
| Is effective date of cessation known? |
Yes |
| Effective date for cessation |
Jan 24, 2018 |
| Detailed reason(s) for cessation |
Retirement |
| 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 |
Mar 28, 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 this 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 |
0 |
| Job Title |
Independent Director
Audit Committee Chairman
Remuneration Committee Member
Nominating Committee Member
|
| Role and responsibilities |
To perform the functions of an Independent Director, Chairman of the Audit Committee and a member of the Remuneration Committee and Nominating Committee |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries |
None. |
| Shareholdings interest in the listed issuer and its subsidaries? |
No |
| Other directorships |
| Past (for the last 5 years) |
None. |
| Present |
Willas-Array Electronics (Holdings) Limited
|
