CNMC Goldmine Holdings Limited

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Change - Announcement Of Cessation Of Lead Independent Director

BackApr 15, 2024
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Apr 15, 2024 0:04
Status New
Announcement Sub Title CESSATION OF LEAD INDEPENDENT DIRECTOR
Announcement Reference SG240415OTHRN2LP
Submitted By (Co./ Ind. Name) Lim Kuoh Yang
Designation Chief Executive Officer
Description (Please provide a detailed description of the event in the box below) Cessation of Lead Independent Director - Kuan Cheng Tuck

This announcement has been reviewed by the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms Lim Hui Ling, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg
Additional Details
Name Of Person Kuan Cheng Tuck
Age 52
Is effective date of cessation known? Yes
If yes, please provide the date 30/04/2024
Detailed Reason (s) for cessation Mr Kuan Cheng Tuck ("Mr Kuan") has served on the Board of Directors (the "Board") for more than nine years since his appointment as Director of the Company. As part of the Board renewal process, Mr Kuan has tendered his resignation as Director of the Company and will be stepping down as Director at the conclusion of the Company's annual general meeting scheduled to be held on 30 April 2024 (the "AGM"). Mr Kuan, upon his resignation, will relinquish his roles as Lead Independent Director, Chairman of the Audit Committee and member of the Nominating and Remuneration Committees.

After having interviewed Mr Kuan and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Mr Kuan as Independent Director of the Company.

The Board and Management would like to thank Mr Kuan for his invaluable contribution during his tenure with 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 20/09/2011
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) 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 (e.g. Lead ID, AC Chairman, AC Member etc.) Lead Independent Director, Chairman of the Audit Committee and member of the Nominating and Remuneration Committees.
Role and responsibilities Lead Independent Director, Chairman of the Audit Committee and member of the Nominating and Remuneration Committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries Nil
Shareholding interest in the listed issuer and its subsidiaries? No
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