Change - Announcement of Cessation::RESIGNATION OF MANAGING DIRECTOR OF THE GROUP'S PRECAST DIVISION
Issuer & Securities
CHIP ENG SENG CORPORATION LTD.
CHIPENGSENG S$125M4.9%N220519 - SG7BC0000007 - 6X7B
CHIP ENG SENG CORPORATION LTD - SG1H36875612 - C29
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
RESIGNATION OF MANAGING DIRECTOR OF THE GROUP'S PRECAST DIVISION
Submitted By (Co./ Ind. Name)
Chia Lee Meng Raymond
Executive Director and Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of resignation of Managing Director of the Group's Precast Division.
Name Of Person
Yoong Shaw Leong
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To pursue other career opportunities
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.)
Managing Director of the Group's Precast Division
Role and responsibilities
Responsible for business development and operations of the Group's Precast Division.
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?
Past (for the last 5 years)
1. CES-Precast Pte. Ltd.
2. CES_INNOVFAB Pte. Ltd.
3. CES-Precast Sdn. Bhd.
4. Chip Eng Seng Contractors (1988) Pte. Ltd.
5. CES Engineering & Construction Pte. Ltd.
6. CES Building & Construction Pte. Ltd.