Announcement Of Cessation As Independent Director Who Is An Audit Committee Member
BackNov 29, 2013
| Resignation Details | |
| Name Of Person | Cheng Jue Hiang Willie |
| Age | 60 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 29/11/2013 |
| Detailed Reason(s) for Cessation | Mr Cheng has decided to retire and not seek re-election at the Annual General Meeting of the Company on 29 November 2013, after 9 years of service on the Board. |
| Is there any difference of opinion on material matters between the person and the Board of directors? | No |
| If yes, please elaborate | NA |
| 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 |
| If yes, please elaborate | NA |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| If yes, please elaborate | NA |
| Date of Appointment to current position | 01/03/2004 |
| Job Title | Chairman, Board Risk Committee; Member, Audit Committee and Remuneration Committee |
| Role and Responsibilities | Mr Cheng assumed the role of the Chairman of the Board Risk Committee, and a Member of the Audit Committee and Remuneration Committee. |
| Does the AC have a minimum of 3 members (taking into account this resignation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 9 |
| Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months | 3 |
| Shareholding in the listed issuer and its subsidiaries | Ordinary Shares: Direct: 208,500 Indirect: 12,750 Management Shares: 4 SPH REIT Units: Direct: Nil Indirect: 300,000 |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Other Directorship | |
| Past Directorship (for the last five years) | Please refer to the attached list. |
| Present Directorship | Please refer to the attached list. |
Attachments
- Attachment 1 (Size: 8,224 bytes)