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Change - Announcement Of Resignation Of Director - Lim Yew Kong John
BackFeb 29, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Feb 29, 2024 18:24 |
| Status | New |
| Announcement Sub Title | Resignation of Director - Lim Yew Kong John |
| Announcement Reference | SG240229OTHRVJJ3 |
| Submitted By (Co./ Ind. Name) | Wong Chi Cheung, Clarence |
| Designation | Financial Controller/ Joint Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | The Board of Directors of Karin Technology Holdings Limited (the "Company") wishes to announce the cessation of Mr Lim Yew Kong John as Independent Director of the Company with effect from 29 February 2024. |
| Additional Details | |
| Name Of Person | Lim Yew Kong John |
| Age | 62 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 29/02/2024 |
| Detailed Reason (s) for cessation | Mr Lim Yew Kong John resigned as Independent Director of the Company as part of board rejuvenation, having served on the Board for more than 9 years. |
| 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 | 20/01/2005 |
| 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) | 2 |
| 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.) | Independent Director, Chairman of the Remuneration Committee and a member of the Audit and Risk Management Committee and Nominating Committee |
| Role and responsibilities | Fulfilling the responsibilities of Independent Director |
| 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 | Direct Interest: 300,000 ordinary shares |
| Past (for the last 5 years) | St Joseph's Institution International Ltd. St Joseph's Institution International Elementary School Ltd Tribus Pte Ltd |
| Present | Global Invacom Group Limited Zico Holdings Inc. Zico Asset Management Pte. Ltd. Zico Capital Pte. Ltd. FHFT Pte Ltd. |