Change - Announcement of Cessation::Retirement of Director
Issuer & Securities
SIA ENGINEERING COMPANY LIMITED
SIA ENGINEERING CO LTD - SG1I53882771 - S59
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Director
Submitted By (Co./ Ind. Name)
Devika Rani Davar
Description (Please provide a detailed description of the event in the box below)
Announcement of Retirement of Independent Director
Name Of Person
Ron Foo Siang Guan
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Relinquishment of Directorship pursuant to principles of good corporate governance on board rejuvenation.
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.)
Chairman of the Audit Committee and Member of the Board Committee (both till 21 July 2016)
Role and responsibilities
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?
Direct interest of 15,000 ordinary shares of the Company.
Deemed interested in 25,000 ordinary shares of the Company.
Past (for the last 5 years)
1. NTUC Income Co-Operative Ltd, Director
2. Competition Appeal Board, Board Member
1. SembCorp Marine Ltd, Director
2. Alliance Consultancy Corporation, Director