shopper360’s independent director retires

The company plans to fill the vacant position within two months and no later than three months.

Marketing group shopper360 announced that Margaret Au-Yong will retire as an independent director.

Au-Yong is also stepping down as chairman of the remuneration committee and member of the audit committee at the company’s annual general meeting on 26 September.

The company plans to fill the vacant position within two months and no later than three months in compliance with Singapore’s Companies Act 1967, the Catalist Rules, and the Code of Corporate Governance. An update on the board and committee composition will be announced once finalised.

Au-Yong is retiring to focus on other work and family commitments, with no other material reasons for her departure, the group said.