REPL::Change - Announcement of Cessation::Announcement of Cessation as a Non-Executive Director

Issuer & Securities

Issuer/ Manager: TYE SOON LIMITED
Securities: TYE SOON LTD - SG1BH8000001 - BFU
Stapled Security: No

Announcement Details

Announcement Title: Change - Announcement of Cessation
Date &Time of Broadcast: 09-Jun-2020 19:26:52
Status: Replacement
Announcement Sub Title: Announcement of Cessation as a Non-Executive Director
Announcement Reference: SG200608OTHRVOM8
Submitted By (Co./ Ind. Name): David Chong Tek Yew
Designation: Managing Director
Description (Please provide a detailed description of the event in the box below): We refer to the announcement reference SG200608OTHRVOM8, released on 8 June 2020 at 22:06:57, by the Company in relation to the cessation of a non-executive director. The Company wishes to clarify that under the section, Familial relationship with any director and/or substantial shareholder of the listed issuer or any of its principal subsidiaries, the correct disclosure should have been Nephew to Ong Hock Siang @ Ong Huat Seong, Ong Huat Kee, Ong Huat Yew Peter and Ong Huat Choo. Cousin to Ong Eng Chian Kelvin, Ong Lay May Apple and Ong Eng Mien Malcolm" instead of No.

Additional Details

Name Of Person: ONG ENG WAEY ABEL
Age: 55
Is effective date of cessation known?: Yes
If yes, please provide the date: 23/06/2020
Detailed Reason (s) for cessation: Mr Ong Eng Waey Abel has decided to retire as a non-executive and non-independent director and will not seek re-election at the forthcoming 64th Annual General Meeting to be held on 23 June 2020 for personal and health reasons.
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: 27/10/1993
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: 5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.): Non-executive and non-independent.
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: Nephew to Ong Hock Siang @ Ong Huat Seong, Ong Huat Kee, Ong Huat Yew Peter and Ong Huat Choo. Cousin to Ong Eng Chian Kelvin, Ong Lay May Apple and Ong Eng Mien Malcolm.
Shareholding interest in the listed issuer and its subsidiaries?: Yes
Shareholding Details: 1,653,447
Past (for the last 5 years): None
Present: Tye Soon Limited

Related Announcements

Related Announcements: 08/06/2020 22:06:57