IPC Corporation Ltd Announces Resignation of Lee Soo Hoon Phillip as Independent Director and Changes in Composition of Board and Board Committees
August 01, 2018 at 10:31 am
IPC Corporation Ltd. announced that Mr. Lee Soo Hoon Phillip will resign as an Independent Director of the Company with effect from 1 August 2018. Mr. Lee will accordingly relinquish his position as Chairman of the Audit Committee and a member of the Remuneration Committee and Nominating Committee respectively. Consequent to the resignation of Mr. Lee, the composition of the Board and Board Committees of the company with effect from 1 August 2018 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; Teo Kiang Kok Independent Director; Dato' Dr. Choo Yeow Ming Independent Director. Audit Committee: Lien Kait Long Chairman, Lead Independent Director; Teo Kiang Kok Member, Independent Director; Dato' Dr. Choo Yeow Ming Member, Independent Director. Nominating Committee: Dato' Dr. Choo Yeow Ming Chairman, Independent Director; Lien Kait Long Member, Lead Independent Director; Teo Kiang Kok 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; Lien Kait Long Member, Lead Independent Director; Dato' Dr. Choo Yeow Ming Member, Independent Director.