Change - Announcement of Cessation::Resignation of Director

Issuer & Securities

Issuer/ Manager
CHEMICAL INDUSTRIES (FAR EAST) LIMITED.
Securities
CHEMICAL INDUSTRIES (F.E.) LTD - SG1B37000984 - C05
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Mar-2021 17:37:23
Status
New
Announcement Sub Title
Resignation of Director
Announcement Reference
SG210330OTHRUJW4
Submitted By (Co./ Ind. Name)
Foo Soon Soo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Director

Additional Details

Name Of Person
Lim Yew Tee Collin
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
03/05/2021
Detailed Reason (s) for cessation
In accordance with his employment contract, Mr Collin Lim has given the requisite period of notice of his resignation. His employment and directorship shall cease with effect from 3 May 2021. Mr Lim has resigned for other pursuits.
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
01/09/2015
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Oversight over the operations of the chlor-alkali manufacturing plant situated in Jurong Island, Logistics base, Myanmar, technical aspects of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nephew of Managing Director, Mr Lim Soo Peng
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct interest of 10,479 ordinary shares
Past (for the last 5 years)
Nil
Present
Nil