Change - Announcement of Cessation::Announcement of Cessation of Group Executive Vice President and Group Chief Operating Officer

Issuer & Securities

Issuer/ Manager
HYFLUX LTD
Securities
HYFLUX LTD - SG1J47889782 - 600
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-May-2018 17:23:10
Status
New
Announcement Sub Title
Announcement of Cessation of Group Executive Vice President and Group Chief Operating Officer
Announcement Reference
SG180523OTHRIZD1
Submitted By (Co./ Ind. Name)
Lim Poh Fong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation as Group Executive Vice President and Group Chief Operating Officer.

Additional Details

Name Of Person
Wong Lup Wai
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2018
Detailed Reason (s) for cessation
To pursue personal interests.
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
01/01/2014
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)
6
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.)
Group Executive Vice President and Group Chief Operating Officer
Role and responsibilities
Hyflux's global projects execution; operations and maintenance; engineering resources; develop group-wide strategies in the areas of manufacturing; procurement; and membrane and system sales.
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
Mr Wong holds 50 Preference Shares of Hyflux Ltd and is deemed interested in 70 Preference Shares of Hyflux Ltd held by his wife, Ms Young Yoke Mun Janet.

1,700,000 options were granted to Mr Wong pursuant to ESOS 2011. These options will be cancelled following his resignation.
Past (for the last 5 years)
Please see file attached.
Present
Please see file attached.

Attachments

Directorship of Mr Wong Lup Wai.pdf
Total size =211K