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Change - Announcement Of Cessation Of Lead Independent Director

BackMay 28, 2023
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast May 28, 2023 22:30
Status New
Announcement Sub Title Cessation of Lead Independent Director
Announcement Reference SG230528OTHRGQEY
Submitted By (Co./ Ind. Name) Tjioe Ka Men
Designation President/Chief Executive Officer
Description (Please provide a detailed description of the event in the box below) The Board of Directors of Tung Lok Restaurants (2000) Ltd (the "Company") wishes to announce that Dr Tan Eng Liang has passed away on 28 May 2023.

Consequent to his demise, Dr Tan Eng Liang will cease to be an Independent Non-Executive Director/Lead Independent Director, Chairman of the Audit and Risk Committee, and a member of the Executive Committee, Remuneration Committee and Nominating Committee.

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

The contact person for the Sponsor is Mr Ong Hwee Li, SAC Capital Private Limited at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542. Telephone number: +65 6232 3210.
Additional Details
Name Of Person Dr Tan Eng Liang
Age 85
Is effective date of cessation known? Yes
If yes, please provide the date 28/05/2023
Detailed Reason (s) for cessation Dr Tan Eng Liang has passed away on 28 May 2023.
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 01/03/2001
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) 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 (e.g. Lead ID, AC Chairman, AC Member etc.) Lead Independent Director, Chairman of the Audit and Risk Committee, and a member of the Executive, Remuneration and Nominating Committees.
Role and responsibilities Lead Independent Director, Chairman of the Audit and Risk Committee, and a member of the Executive, Remuneration and Nominating Committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries None.
Shareholding interest in the listed issuer and its subsidiaries? No
Past (for the last 5 years) Progen Holdings Ltd
Present -