Change - Announcement of Cessation::Cessation as Executive Director

Issuer & Securities

Issuer/ Manager
PEC LTD.
Securities
PEC LTD. - SG1Y45946619 - IX2

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Jul-2014 17:36:54
Status
New
Announcement Sub Title
Cessation as Executive Director
Announcement Reference
SG140701OTHR1D0T
Submitted By (Co./ Ind. Name)
Edna Ko Poh Thim
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Please see below.

Additional Details

Name Of Person
CHANG WAN KOK
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2014
Detailed Reason (s) for cessation
Expiration of service contract, intention to retire from executive role, and to focus on other commitments
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
01/07/2011
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)
3
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.)
Executive Director of the Company.
Role and responsibilities
Overall in charge of Audex Pte. Ltd.'s operations, including project and construction management.
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?
Yes
Shareholding Details
3,748,000 ordinary shares in PEC Ltd.
Past (for the last 5 years)
Audex Pte. Ltd.
Present
Audex Pte. Ltd.