The Board of Directors (the "Board") of IPC Corporation Ltd (the "Company") wishes to announce the following with immediate effect:
the appointment of Mr Lien Kait Long as Lead Independent Director of the Company;
the appointment of Mr Teo Kiang Kok ("Mr Teo") as Chairman of the Remuneration Committee ("RC") and a member of the Audit Committee ("AC"); and
the appointment of Dato' Dr Choo Yeow Ming ("Dato' Dr Choo") as a member of the AC and RC.
The Board considers Mr Teo and Dato' Dr Choo to be independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Limited.
Following the aforesaid changes, the composition of Board of Directors and Board Committees of the Company are as follows:
Board of Directors
Ngiam Mia Je Patrick - Board Chairman and Chief Executive Officer Ngiam Mia Kiat Benjamin - Managing Director
Lauw Hui Kian - Executive Director
Ngiam Mia Hai Bernard - Executive Director Ngiam Mia Hong Alfred - Executive Director Lien Kait Long - Lead Independent Director Lee Soo Hoon Phillip - Independent Director Teo Kiang Kok - Independent Director
Dato' Dr Choo Yeow Ming - Independent Director
IPC Corporation Ltd
Appointment of Lead ID and Changes in Composition of Board Committees
Page 2
Audit Committee
Lee Soo Hoon Phillip - Chairman, Independent Director Lien Kait Long - Member, Lead Independent Director Teo Kiang Kok - Member, Independent Director
Dato' Dr Choo Yeow Ming - Member, Independent Director
Nominating Committee
Lien Kait Long - Chairman, Lead Independent Director Lee Soo Hoon Phillip - Member, Independent Director
Ngiam Mia Je Patrick - Member, Board Chairman and Chief Executive Officer (Alternate - Ngiam Mia Kiat Benjamin)
Remuneration Committee
Teo Kiang Kok - Chairman, Independent Director
Lee Soo Hoon Phillip - Member, Independent Director Dato' Dr Choo Yeow Ming - Member, Independent Director
On Behalf of the Board
Lauw Hui Kian Director
18 July 2017
IPC Corporation Limited published this content on 18 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 July 2017 10:33:13 UTC.
Original documenthttp://www.ipc.com.sg/pdf/IPC_PR_18Jul17.pdf
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