Change - Announcement of Cessation::Retirement of Deputy Chief Executive Officer
Issuer & Securities
YEO HIAP SENG LTD
YEO HIAP SENG LTD - SG1I10878425 - Y03
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Deputy Chief Executive Officer
Submitted By (Co./ Ind. Name)
General Counsel & Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Yap Ng Seng as Deputy Chief Executive Officer.
Name Of Person
Yap Ng Seng
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Yap Ng Seng shall retire as Deputy Chief Executive Officer of Yeo Hiap Seng Limited with effect from 19 January 2019. The Board of Directors wishes to accord its appreciation to Mr Yap for his contributions to the Company.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Deputy Chief Executive Officer
Role and responsibilities
Mr Yap is responsible for providing assistance to the Group Chief Executive Officer of the Company in business operations and strategic planning.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
YHS (Singapore) Pte Ltd
YHS Enterprise Pte Ltd
YHS Ventures (Cambodia) Pte. Ltd.
Yeo Hiap Seng (Malaysia) Berhad
Yeo Hiap Seng (Perak) Sdn Bhd
YHS Enterprise (Indonesia) Sdn Bhd
YHS Ventures (Indonesia) Sdn Bhd
YHS (Cambodia) Food & Beverage Pte Ltd
YHS Hong Kong (2000) Pte Limited
Yeo Hiap Seng (Guangzhou) Food & Beverage Limited
Yeo Hiap Seng (Guangdong) Food & Beverage Limited
YHS Trading (USA) Inc
Langfang Yi-Li Dairy Products Ltd Company
Healthy Yum Beverage Sdn Bhd