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

Issuer & Securities

Issuer/ Manager
SHANGHAI TURBO ENTERPRISES LTD
Securities
SHANGHAI TURBO ENTERPRISES LTD - KYG8064W1160 - AWM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Jun-2020 17:47:24
Status
New
Announcement Sub Title
Cessation as Non-Executive Independent Director
Announcement Reference
SG200616OTHRIM2T
Submitted By (Co./ Ind. Name)
Huang Wooi Teik
Designation
Non-Executive Chairman & Lead Independent Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Lee Kiang Piaw as Non-Executive Independent Director, Member of Audit Committee, Remuneration Committee and Nominating Committee

Additional Details

Name Of Person
Lee Kiang Piaw
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2020
Detailed Reason (s) for cessation
Personal commitment.
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
30/04/2019
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, Audit Committee Member, Nominating Committee Member and Remuneration Committee Member
Role and responsibilities
Non-Executive Independent Director, Audit Committee Member, Nominating Committee Member and Remuneration Committee Member
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)
Please see attached.
Present
Please see attached.

Attachments

Directorships.pdf
Total size =54K