Change - Announcement of Cessation::Retirement of Executive Vice President Operations

Issuer & Securities

Issuer/ Manager
SIA ENGINEERING COMPANY LIMITED
Securities
SIA ENGINEERING CO LTD - SG1I53882771 - S59
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Nov-2021 22:15:06
Status
New
Announcement Sub Title
Retirement of Executive Vice President Operations
Announcement Reference
SG211108OTHRACGO
Submitted By (Co./ Ind. Name)
Lu Ling Ling
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Executive Vice President Operations

Additional Details

Name Of Person
Ivan Neo Seok Kok
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2022
Detailed Reason (s) for cessation
Mr Ivan Neo Seok Kok will be retiring as Executive Vice President Operations of SIA Engineering Company Limited (SIAEC) on 31 March 2022
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
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
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
01/04/2016
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
8
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Vice President Operations
Role and responsibilities
As Executive Vice President Operations, Mr Ivan Neo Seok Kok oversees the operations of SIAEC as well as being the accountable person to the airworthiness authorities.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1. 480,395 ordinary shares of SIAEC
2. 59,300 Restricted Share Plan (RSP) conditional awards (Base Awards)
3. 53,165 RSP final awards pending release
4. 48,338 RSP deferred share awards
5. 152,400 Performance Share Plan conditional awards (Base awards)
Past (for the last 5 years)
1. Chairman of Pan Asia Pacific Aviation Services Limited
2. Chairman of Heavy Maintenance Singapore Services Pte. Ltd.
3. Deputy Chairman of Goodrich Aerostructures Service Center -Asia Pte Ltd
4. Director of Goodrich Aerostructures Service (China) Co. Ltd
5. Director of Singapore Aero Engine Services Private
Limited
Present
1. Chairman of Aerospace Component Engineering Services Pte. Limited