Change - Announcement of Cessation::Resignation of non-executive/independent director
Issuer & Securities
SecuritiesINNOPAC HOLDINGS LIMITED - SG2D65002396 - I26
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast01-Feb-2018 20:09:10
Announcement Sub TitleResignation of non-executive/independent director
Announcement ReferenceSG180201OTHRO7I8
Submitted By (Co./ Ind. Name)Innopac Holdings Limited/Tan Sock Kheng
DesignationCompany Secretary
Description (Please provide a detailed description of the event in the box below)Resignation of non-executive/independent director
Additional Details
Name Of PersonYang Kiin
Is effective date of cessation known?No
If No, please advise when the date will be announcedAfter the Board of Director's meeting and deliberation
Detailed Reason (s) for cessation1) His difference with management
2) Unfounded allegations of his misconduct by BOD
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 position15/11/2016
Does the AC have a minimum of 3 members (taking into account this cessation)?No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Member of 1) Audi 2) Nominating and 3)Remuneration Committees
Role and responsibilitiesTo assist the Chairman of the respective committees to discharge the duties and responsibilities of the Committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNo familial relationship
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)Gentech Innovation Limited, Hong Kong
Enerlix Technology Sdn Bhd, Malaysia
Inno Y&L Trading Co., Ltd., Hong Kong
PresentRC Carbon Sdn Bhd, Malaysia
Superior Carbontech and Solutions Sdn Bhd, Malaysia
Awana Rentak Sdn Bhd, Malaysia