Change - Announcement of Cessation::Step-down of Independent Director

Issuer & Securities

Issuer/ Manager
BUKIT SEMBAWANG ESTATES LIMITED
Securities
BUKIT SEMBAWANG ESTATES LTD - SG1T88932077 - B61
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Aug-2019 17:27:15
Status
New
Announcement Sub Title
Step-down of Independent Director
Announcement Reference
SG190805OTHRG4PM
Submitted By (Co./ Ind. Name)
Ooi Chee Eng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Step-down of Independent Director

Additional Details

Name Of Person
Eddie Tang
Age
76
Is effective date of cessation known?
Yes
If yes, please provide the date
05/08/2019
Detailed Reason (s) for cessation
Step-down of Eddie Tang as Independent Director. Mr Tang has also ceased as Chairman of the Nominating Committee, as member of the Audit and Risk Management Committee, the Remuneration Committee, the Project Development Committee and the Investment Committee.
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
22/05/2009
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)
3
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.)
Independent Director, Chairman of the NC, a member of the ARMC, RC, PDC and IC.
Role and responsibilities
To perform the functions of an Independent Director
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?
No
Past (for the last 5 years)
Bukit Sembawang View Pte. Ltd.
Sembawang Estates (Private) Limited
Singapore United Estates (Private) Limited
Present
Nil