Change - Announcement of Cessation::Retirement of Executive Officer

Issuer & Securities

Issuer/ Manager
ASIA ENTERPRISES HOLDING LIMITED
Securities
ASIA ENTERPRISES HOLDING LTD - SG1S11926551 - A55
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Feb-2017 17:41:59
Status
New
Announcement Sub Title
Retirement of Executive Officer
Announcement Reference
SG170217OTHR2ONI
Submitted By (Co./ Ind. Name)
LEE YIH CHYI
Designation
MANAGING DIRECTOR
Description (Please provide a detailed description of the event in the box below)
Ms Tan Sock Luan retires as Senior Sales Manager of Asia Enterprises Private Limited after 35 years of service with the Group.

The Board of Directors and Management would like to express their heartfelt appreciation to Ms Tan for her invaluable contribution, unwavering commitment and dedication over the years. The Board and Management congratulates her on her well-deserved retirement.

Additional Details

Name Of Person
Tan Sock Luan
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
17/02/2017
Detailed Reason (s) for cessation
Retirement.
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
01/05/2013
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.)
Senior Sales Manager
Role and responsibilities
Responsible for both the indoor sales teams of our steel processing and steel distribution businesses, as well as coordinating customers' enquiries and orders with our logistics and production teams.
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
Deemed Interest - 150,000 shares
Past (for the last 5 years)
Nil
Present
Nil

Attachments