| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Sep 28, 2023 19:44 |
| Status | New |
| Announcement Sub Title | RESIGNATION OF NON-EXECUTIVE DIRECTOR |
| Announcement Reference | SG230928OTHRLMI0 |
| Submitted By (Co./ Ind. Name) | Yong Yean Chau |
| Designation | Director / Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Resignation of Non-Executive Director |
| Additional Details | |
| Name Of Person | Sim Heng Joo Joe (Shen Hengyi Joe) |
| Age | 51 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 28/09/2023 |
| Detailed Reason (s) for cessation | Mr. Sim has resigned as the Group Chief Operating Officer of IHH Healthcare Berhad, the ultimate holding company of Parkway Trust Management Limited. |
| 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 | 30/11/2019 |
| 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 | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive Director and Member of Nominating and Remuneration Committee |
| Role and responsibilities | Non-Executive 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 | 18,000 |
| Past (for the last 5 years) | Please refer to Annexure A attached |
| Present | Please refer to Annexure B attached |
Attachments