Change - Announcement of Cessation::Resignation of Senior Vice President

Issuer & Securities

Issuer/ Manager
STAMFORD TYRES CORPORATION LIMITED
Securities
STAMFORD TYRES CORPORATIONLTD - SG1O53913362 - S29
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Mar-2025 17:26:23
Status
New
Announcement Sub Title
Resignation of Senior Vice President
Announcement Reference
SG250310OTHRL3ZK
Submitted By (Co./ Ind. Name)
Michelle Heng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Senior Vice President

Additional Details

Name Of Person
Colin Choo Nee Ann
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2025
Detailed Reason (s) for cessation
To pursue other opportunities.

The Board wishes to record its appreciation to Mr Choo for his service and many contributions since he joined the Stamford Tyres Group in 2002.
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
23/05/2014
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Senior Vice President
Role and responsibilities
Responsible for overseeing the Group's wheel manufacturing operations in Thailand under Stamford Sport Wheels Company Limited, a wholly-owned subsidiary of the Company.

The responsibilities undertaken by Mr Choo will be assumed by existing senior project teams with oversight by the CEO.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
NA
Present
Stamford Tires Distributor Co., Ltd.
Stamford Sport Wheels Company Ltd
Falken Tyre India Private Limited