Change - Announcement of Cessation::Cessation of Independent and Non-Executive Director

Issuer & Securities

Issuer/ Manager
UNITED ENGINEERS LIMITED
Securities
UNITED ENGINEERS LTD ORD - SG1K25001639 - U04
UNITED ENGINEERS 7.5% CUM PREF - SG2K18002445 - U05
UTDENGINEERSS$150M3.68%N210601 - SG73B3000008 - 4D9B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Sep-2017 22:22:08
Status
New
Announcement Sub Title
Cessation of Independent and Non-Executive Director
Announcement Reference
SG170919OTHRNL61
Submitted By (Co./ Ind. Name)
Tan Chee Keong Roy
Designation
Group Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent and Non-Executive Director

Additional Details

Name Of Person
Koh Beng Seng
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
19/09/2017
Detailed Reason (s) for cessation
Following the close of the mandatory cash offers, Mr Koh has decided to step down to pursue his own interests.
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
01/10/2013
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 and Non-Executive Director, Chairman of Audit & Risk Committee and Member of Executive Committee
Role and responsibilities
As above
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Singapore Technologies Engineering Ltd
Sing-Han International Financial Services Limited
Fraser & Neave Limited.
Present
The Great Eastern Life Assurance Company Limited
Great Eastern General Insurance Limited (f.k.a. The Overseas Assurance Corporation Limited)
Great Eastern Holdings Limited
Hon Sui Sen Endowment CLG Limited
BOC Hong Kong (Holdings) Limited
Bank of China (Hong Kong) Limited