29/07/2021

Change - Change in Corporate Information::New Lead Independent Director and Composition of Audit Committee

CHANGE - CHANGE IN CORPORATE INFORMATION::NEW LEAD INDEPENDENT DIRECTOR AND COMPOSITION OF AUDIT COMMITTEE

Issuer

Issuer/ Manager

JARDINE CYCLE & CARRIAGE LIMITED

Announcement Details

Announcement Title

Change - Change in Corporate Information

Date &Time of Broadcast

29-Jul-2021 19:01:53

Status

New

Announcement Sub Title

New Lead Independent Director and Composition of Audit Committee

Announcement Reference

SG210729OTHR0UBO

Submitted By (Co./ Ind. Name)

Jeffery Tan Eng Heong

Designation

Company Secretary

Description (Please provide a detailed description of the event in the box below)

Please see attachment

Place Of Incorporation

Existing

Singapore

New

Registered Address

Existing

New

Attachments

New LID AC changes.pdf

Total size =75K MB

Jardine Cycle & Carriage Limited

(Company No.196900092R)

239 Alexandra Road Singapore 159930

Tel (65) 6473 3122 Fax (65) 6475 7088 corporate.affairs@jcclgroup.com

Attachment to SGX Announcement dated 29 July 2021

NEW LEAD INDEPENDENT DIRECTOR & COMPOSITION OF AUDIT COMMITTEE

The Board of Directors ("Board") of Jardine Cycle and Carriage Limited ("JC&C" or the "Company") wishes to make the following announcements in relation to the lead independent director and Board committees of the Company:

  1. Mrs Lim Hwee Hua will be appointed as the Lead Independent Director with effect from 1 January 2022 to succeed Ms Vimala Menon. She will concurrently join the Remuneration Committee as a member on the same date. She will also continue in her current roles as Chairperson of the Nominating Committee and member of the Audit Committee.
    Mrs Lim Hwee Hua continues to be an independent director of the Company following the passing of the two-tier resolutions at the Company's 52nd Annual General Meeting held on 27 April 2021 in respect of her continued appointment as an independent director pursuant to Rules 210(5)(d)(iii)(A) and (B) of the Listing Manual of the Singapore Exchange Securities Trading Limited.
  2. Mr Steven Phan will be appointed as the Chairman of the Audit Committee with effect from 1 October 2021 to succeed Ms Vimala Menon. Ms Vimala Menon will be re- designated as a member of the Audit Committee with effect from the same date. Both of them are independent non-executive directors of JC&C. Mr Steven Phan has been a member of the Audit Committee since 1 July 2019.
    The composition of the Audit Committee with effect from 1 October 2021 is as set out below.
    Audit Committee
    Mr Steven Phan, Chairman Ms Vimala Menon
    Mrs Lim Hwee Hua Mr Samuel Tsien

By Order of the Board

Jeffery Tan Eng Heong

Company Secretary

Singapore, 29 July 2021

Attachments

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Disclaimer

Jardine Cycle & Carriage Ltd. published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 11:47:24 UTC.