This printed article is located at https://delfilimited.listedcompany.com/news.html
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 6, 2023 17:22 |
| Status | New |
| Announcement Sub Title | Retirement of Mr Anthony Michael Dean as an Independent Director |
| Announcement Reference | SG230406OTHR1FRU |
| Submitted By (Co./ Ind. Name) | Siau Kuei Lian |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Please refer to below information. |
| Additional Details | |
| Name Of Person | Anthony Michael Dean |
| Age | 62 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 25/04/2023 |
| Detailed Reason (s) for cessation | As part of the Board rejuvenation process and good governance practice, Mr Anthony Michael Dean ("Mike") will be retiring as an Independent Director of the Company pursuant to Regulation 104 of the Company's Constitution at the conclusion of the Company's Annual General Meeting to be held on 25 April 2023. Accordingly, he shall relinquish his position as Chairman of the Audit Committee, Chairman of the Risk Management Committee and member of the Nominating Committee. The Company would like to express its gratitude and appreciation towards Mike's valuable contributions to the Board during his tenure. |
| 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 | 06/05/2005 |
| 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) | 0 |
| 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.) | Independent Director, Chairman of the Audit Committee, Chairman of the Risk Management Committee and member of the Nominating Committee |
| Role and responsibilities | Non-Executive |
| 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? | Yes |
| Shareholding Details | 50,000 ordinary shares in Delfi Limited |
| Past (for the last 5 years) | Myanmar Investments International Ltd Myanmar Investments Ltd MIL Management Pte Ltd MIL Management Co., Ltd MIL 3 Pte Ltd Medicare International Health and Beauty Pte Ltd |
| Present | Consulsis Limited Consulsis Pte. Ltd. |