Change - Announcement Of Retirement Of Mr Neo Poh Kiat As Non-Executive Independent Director
BackOct 31, 2025
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Oct 31, 2025 18:16 |
| Status | New |
| Announcement Sub Title | Retirement of Mr Neo Poh Kiat as Non-Executive Independent Director |
| Announcement Reference | SG251031OTHR0MJG |
| Submitted By (Co./ Ind. Name) | Hon Wei Seng / Lee Wei Hsiung |
| Designation | Company Secretaries |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr Neo Poh Kiat as Non-Executive Independent Director, Chairman of the Audit and Risk Committee and Member of the Nominating and Remuneration Committee. |
| Additional Details | |
| Name Of Person | Neo Poh Kiat |
| Age | 75 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 01/11/2025 |
| Detailed Reason (s) for cessation | Retirement as Non-Executive Independent Director, Chairman of the Audit and Risk Committee and Member of the Nominating and Remuneration Committee. Mr Neo has served as a Non-Executive Independent Director for almost 9 years and is stepping down as part of the Board's renewal process. |
| 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 | 20/04/2017 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 5 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive Independent Director, Chairman of the Audit and Risk Committee and Member of the Nominating and Remuneration Committee. |
| Role and responsibilities | Non-Executive Independent Director, Chairman of the Audit and Risk Committee and Member of the Nominating and Remuneration Committee. |
| 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? | Yes |
| Shareholding Details | 202,145 units in CapitaLand China Trust |
| Past (for the last 5 years) | Cambodia Post Bank Plc. Funan Microfinance Plc. |
| Present | China Yuchai International Limited ValueMax Group Limited Guangxi Yuchai Machinery Company Limited Aurealis Investment Ltd. Fullerton Credit (Sichuan) Ltd Fullerton Credit (Chongqing) Ltd Fullerton Credit (Yunnan) Ltd Fullerton Credit (Hubei) Ltd |