Change - Announcement Of Stepping Down Of Mr Ma Kah Woh As The Chairman Of The Audit committee And A Member Of The Risk And Sustainability Committee Of StarHub Ltd.
Sep 12, 2024
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 12, 2024 17:22 |
| Status | New |
| Announcement Sub Title | Announcement of Cessation |
| Announcement Reference | SG240912OTHRUAP8 |
| Submitted By (Co./ Ind. Name) | Audra Balasingam |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Stepping down of Mr Ma Kah Woh as the Chairman of the Audit Committee and a Member of the Risk and Sustainability Committee of StarHub Ltd. |
| Additional Details | |
| Name Of Person | Ma Kah Woh |
| Age | 77 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 18/09/2024 |
| Detailed Reason (s) for cessation | As part of the ongoing Board refresh, Mr Ma Kah Woh will step down as the Chairman of the Audit Committee ("AC") and a Member of the Risk and Sustainability Committee ("RSC") of StarHub on 18 September 2024. Mr Ma will continue to be a Member of the Board and AC. As Mr Ma will reach a 9-year tenure on 22 September 2024, he will thereafter be re-designated as a Non-Independent Non-Executive Director. |
| 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 | 23/09/2015 |
| 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) | 7 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 4 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chairman of the AC and Member of the RSC. |
| Role and responsibilities | Chairman of the AC and Member of the RSC. |
| 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 | 241,580 ordinary shares in StarHub Ltd. |
| Past (for the last 5 years) | - PACC Offshore Services Holdings Ltd - Mapletree Investments Pte Ltd - Mapletree North Asia Commercial Trust Management Ltd |
| Present | - National Gallery Singapore - Asian Civilisations Museum |