Change - Announcement of Cessation::Stepping Down of Chief Executive Officer

Issuer & Securities

Issuer/ Manager
SAN TEH LTD
Securities
SAN TEH LIMITED - SG0525000196 - S46

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Jun-2014 17:13:22
Status
New
Announcement Sub Title
Stepping Down of Chief Executive Officer
Announcement Reference
SG140617OTHRIQSR
Submitted By (Co./ Ind. Name)
LIM WEE TZIANG
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
Stepping down of Chief Executive Officer ("CEO")

Additional Details

Name Of Person
Kao Shin Ping
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
17/06/2014
Detailed Reason (s) for cessation
As part of the Company's senior leadership succession plan, Mr Kao Shin Ping will relinquish his position as CEO of the Company. He will remain as the Executive Chairman of the Company overseeing the overall management, operations and the setting of corporate directions and strategies of the Group.
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
01/11/1999
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and CEO, and member of Nominating Committee
Role and responsibilities
Oversee the overall management, operations and the setting of corporate directions and strategies as well as responsible for the day-to-day operations of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Husband of Mrs Kao Ching Fong nee Pan (substantial shareholder and Executive Director of the Company)

Father of Mr Kao Chuan Chi (Executive Director of the Company)

Father of Mr Kao Chuan Trong (Managing Director of the Company)
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
167,617,867 shares in the Company
Other Directorships
Past (for the last 5 years)
Please refer to the attachment.
Present
Please refer to the attachment.

Attachments

KSP - DIRECTORSHIP.pdf
Total size =128K