News
Announcement Of Cessation As Non-Executive Director
BackMay 25, 2012
| Resignation Details | |
| Name Of Person | Derrick Lee Meow Chan |
| Age | 59 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 25/05/2012 |
| Detailed Reason(s) for Cessation | Sale of shares in Sin Heng Heavy Machinery Limited by funds managed and advised by SEAVI Advent Corporation Limited. Mr. Derrick Lee Meow Chan is an investment director with SEAVI Advent Corporation Limited. |
| 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 | 18/07/2008 |
| Job Title | Non-Executive Director and Chairman of the Company |
| Role and Responsibilities | A Non-Executive Director who is also the Chairman of the Company |
| 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) | 3 |
| Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months | 1 |
| Shareholding in the listed issuer and its subsidiaries | 38,893,200 shared (8.47%) (deemed interest) |
| 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) | Aceplus Investments Limited Chic Holdings Limited Dynamic Colours Pte Ltd Leckhampton Holdings Ltd Li & Fung (Distribution) Limited MBf Cards (Malaysia) Sdn Bhd S.L. Packaging Industries Pte Ltd Speedy-Tech Holdings Ltd Stellar Woods Limited |
| Present Directorship | Please refer to attached appendix |
Attachments
- Appendix 1 (Size: 45,820 bytes)