Change - Announcement Of Retirement Of Non-Executive Lead-Independent Director
Mar 30, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Mar 30, 2023 7:13 |
| Status | New |
| Announcement Sub Title | Retirement of Non-Executive Lead Independent Director |
| Announcement Reference | SG230330OTHRQWLF |
| Submitted By (Co./ Ind. Name) | Veronica Lai |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr Nihal Vijaya Devadas Kaviratne as the Non-Executive Lead Independent Director of StarHub Ltd. |
| Additional Details | |
| Name Of Person | Nihal Vijaya Devadas Kaviratne |
| Age | 79 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 21/04/2023 |
| Detailed Reason (s) for cessation | Retirement |
| 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 | 16/08/2004 |
| 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.) | Lead Independent Director, Nominating and Governance Committee Chairman and Audit Committee Member |
| Role and responsibilities | Lead Independent Director, Nominating and Governance Committee Chairman and Audit Committee Member |
| 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 | 178,800 Shares in StarHub Ltd |
| Past (for the last 5 years) | DBS Group Holdings Ltd DBS Bank Limited DBS Foundation Ltd Bain & Company, Indonesia Olam International Limited GlaxoSmithKline Pharmaceuticals Ltd., India |
| Present | Olam Group Limited |