Change - Announcement of Cessation::Retirement of Construction Director

Issuer & Securities

Issuer/ Manager
LIAN BENG GROUP LTD
Securities
LIAN BENG GROUP LTD - SG1G55870362 - L03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Feb-2023 20:01:52
Status
New
Announcement Sub Title
Retirement of Construction Director
Announcement Reference
SG230213OTHRD9QM
Submitted By (Co./ Ind. Name)
Ong Pang Aik
Designation
Chairman and Managing Director
Description (Please provide a detailed description of the event in the box below)
Retirement of Construction Director

Additional Details

Name Of Person
Jeffrey Teo Wee Jin
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
13/02/2023
Detailed Reason (s) for cessation
Retirement. Notwithstanding Mr Jeffrey Teo's retirement, he will continue to act as an Advisor to provide the Group guidance on construction building projects.
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
01/04/2008
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Construction Director
Role and responsibilities
Executive. Mr Jeffrey Teo was responsible for the Group's construction division's building projects, focusing on quality management and productivity enhancement.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1. Lian Beng Group Ltd - 60,000 ordinary shares
2. SLB Development Ltd. - 50,000 ordinary shares
Other Directorships
Past (for the last 5 years)
1. Lian Beng Construction (1988) Pte Ltd
2. Paul.Y - Lian Beng JV Pte. Ltd.
Present
Tasteful Delight Pte. Ltd.