Change - Announcement of Cessation::Resignation of non-executive/independent director
Change - Announcement of Cessation::Resignation of non-executive/independent director
Issuer & Securities
Issuer/ ManagerINNOPAC HOLDINGS LIMITED
SecuritiesINNOPAC HOLDINGS LIMITED - SG2D65002396 - I26
INNOPAC HOLDINGS W171110 - SG30E4000001 - AGAW
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast20-Oct-2017 17:55:04
StatusNew
Announcement Sub TitleResignation of non-executive/independent director
Announcement ReferenceSG171020OTHRGGYM
Submitted By (Co./ Ind. Name)Innopac Holdings Limited / Wong Chin Yong
DesignationChairman & CEO
Description (Please provide a detailed description of the event in the box below)Resignation of non-executive/independent director
Additional Details
Name Of PersonBernard Ong Kheng Chye
Age52
Is effective date of cessation known?Yes
If yes, please provide the date20/10/2017
Detailed Reason (s) for cessationMr Bernard Ong resigns due to his other personal commitments
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 position31/03/2017
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 months1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Chairman of Audit and Remuneration Committee, and member of Nominating Committee.
Role and responsibilitiesAs Chairman of Audit committee, reviews and advises, inter-alia, on:-
(a) the Group's quarterly, half year and full year results for 2017, and all related financial disclosures to shareholders; and
(b) the adequacy of the internal control procedures of the Company;

As Chairman of the Remuneration Committee, reviews and advises, inter-alia, on:-
(a) the remuneration packages for directors and senior management; and
(b) the Innopac Share Option Scheme and the Innopac Performance Share Scheme.

As member of the Nominating Committee, assist the Chairman of the committee to discharge the duties and responsibilities of the committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNo
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)Managing Director, Edge Capital Group PL
Director, Eden Invesco Pte Ltd
Director, Eden I Residences Pte Ltd
Director, Eden Residences Group Pte Ltd
Director, Eden I Residences Pte Ltd
Director, Eden Residences Pte Ltd
Director, Habitat Investments Pte Ltd
Director, Habitat Commercial Pte Ltd
Director, H Stores Pte Ltd
Director, H Catering Pte Ltd
General Director, Eden I Residences Vietnam Co Ltd
General Director, Habitat Management Vietnam Co Ltd
PresentDirector, Eden Invesco Pte Ltd
Managing Director, Edge Capital Group PL
Director, Eden I Residences Pte Ltd
Director, Eden Residences Group Pte Ltd
Director, Eden I Residences Pte Ltd
Director, Eden Residences Pte Ltd
Director, Habitat Investments Pte Ltd
Director, Habitat Commercial Pte Ltd
Director, H Catering Pte Ltd
General Director, Eden I Residences Vietnam Co Ltd
General Director, Habitat Management Vietnam Co Ltd