Change - Announcement Of Cessation :: Retirement Of Independent Non-Executive Director - Yee Chia Hsing

SGX Announcements

Announcement Title	Change - Announcement of Cessation
Announcement Subtitle	Retirement of Independent Non-Executive Director - Yee Chia Hsing
Securities	FIRST SPONSOR GROUP LIMITED (FIRST SPONSOR)
Date & Time of Broadcast	Apr 25, 2024 19:05
Submitted By	Neo Teck Pheng Executive Director and Chief Executive Officer
Description	Retirement of Mr Yee Chia Hsing as the Lead Independent Director and Non-Executive Director of the Company at the conclusion of the Annual General Meeting of the Company, held on 25 April 2024 ("AGM").
Cessation Details
Name of person	Yee Chia Hsing
Age	52
Is effective date of cessation known?	Yes
Effective date for cessation	Apr 25, 2024
Detailed reason(s) for cessation	As part of the Board renewal process, Mr Yee Chia Hsing retired from the Board as the Lead Independent Director of the Company upon the conclusion of the AGM.
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	May 19, 2014
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)	3
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months	0
Job Title	Lead Independent Director and a Member of Nominating Committee.
Role and responsibilities	Lead Independent Director and a Member of Nominating Committee.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries	Nil
Shareholdings interest in the listed issuer and its subsidaries?	Yes
Shareholding Details	First Sponsor Group Limited - 690,900 ordinary shares - 28 warrants (2019)
Other directorships
Past (for the last 5 years)	Ezion Holdings Limited Datapulse Technology Limited
Present	Ren Ci Hospital Beng Kuang Marine Limited Zhongmin Baihui Retail Group Ltd.