Change - Announcement of Cessation::Cessation of Key Executive - Head of Wholesale Markets and Platforms

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Mar-2025 07:25:24
Status
New
Announcement Sub Title
Cessation of Key Executive - Head of Wholesale Markets and Platforms
Announcement Reference
SG250306OTHRRES7
Submitted By (Co./ Ind. Name)
Ding Hui Yun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Key Executive - Head of Wholesale Markets and Platforms

Additional Details

Name Of Person
Lee Beng Hong
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2025
Detailed Reason (s) for cessation
Mr Lee Beng Hong, currently Head of Wholesale Markets and Platforms, will be moving on from his position to pursue new 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?
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
01/08/2019
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)
7
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Head of Wholesale Markets and Platforms
Role and responsibilities
As the Head of Wholesale Markets and Platforms, Mr Lee Beng Hong spearheads the growth and development of the Group's off-exchange marketplace and cutting-edge technology services, in the areas of digitalisation and automation.

Mr Lee leads the Group's platform technology, including its global leading electronic FX trading workflow platforms BidFX and MaxxTrader, and oversees the Group's strategic investments in Trading Technologies, Trumid and Marketnode.

He has management responsibility for SGX CurrencyNode, the Group's FX electronic communication network and Energy Market Company, the market operator of the National Electricity Market of Singapore. He also heads up SGX's fixed income business, from origination, listing to trading.
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?
Yes
Shareholding Details
SGX - 178,900 shares
Past (for the last 5 years)
Nil
Present
1. INNU
2. ORANGEKNOB LLP
3. SGX BOND TRADING PTE. LTD.
4. ENERGY MARKET COMPANY PTE LTD
5. SGX FX SYSTEMS UK LIMITED
6. BIDFX SYSTEMS PTE. LTD.
7. BIDFX SYSTEMS US LLC
8. SGX GENERAL COUNTERPARTY PTE. LTD.
9. SGX FX PTE. LTD.
10. SGX FX MARKETS PTE. LTD.
11. SGX FX MARKETS UK LTD
12. SGX FX SYSTEMS SINGAPORE PTE. LTD.
13. SGX FX SYSTEMS INDIA PRIVATE LIMITED
14. MAXXTRADER KABUSHIKI KAISHA
15. MAXXTRADER SYSTEMS UK LIMITED
16. MAXXTRADER SYSTEMS US LLC