Change - Announcement of Cessation::Retirement of Executive Director
Issuer & Securities
YEO HIAP SENG LTD
YEO HIAP SENG LTD - SG1I10878425 - Y03
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Executive Director
Submitted By (Co./ Ind. Name)
Winston Paul Wong Chi Huang
General Counsel & Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Melvin Teo Tzai Win as Executive Director of the Company.
Name Of Person
Melvin Teo Tzai Win
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
In line with the Board's and shareholders' request for a smaller Board, Mr Melvin Teo Tzai Win has retired as Executive Director but shall remain as Group Chief Executive Officer of the Company.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director & Group Chief Executive Officer
Role and responsibilities
Executive. Mr Teo is responsible for the overall management, operations and performance of the Yeo Hiap Seng Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
1,314,203 ordinary shares
Past (for the last 5 years)
See Annex A
Total size =20K