Change - Announcement of Cessation::Retirement of Executive Director

Issuer & Securities

Issuer/ Manager
TA CORPORATION LTD.
Securities
TA CORPORATION LTD - SG2D87975520 - PA3
TACORP S$27M6%N210726 - SGXF74214317 - MCLB
TA CORPORATION LTD W220520 - SG5ED4000009 - CGOW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2019 18:05:30
Status
New
Announcement Sub Title
Retirement of Executive Director
Announcement Reference
SG190425OTHRT2SD
Submitted By (Co./ Ind. Name)
Yap Ming Choo
Designation
Chief Financial Officer/ Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Neo Tiam Poon @ Neo Thiam Poon as Executive Director and Deputy Executive Chairman.

Additional Details

Name Of Person
Neo Tiam Poon @ Neo Thiam Poon
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2019
Detailed Reason (s) for cessation
Retired and did not seek re-election at the Company Annual General Meeting held on 25 April 2019.
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
21/11/2011
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Deputy Executive Chairman
Role and responsibilities
Mr Neo Tiam Poon @ Neo Thiam Poon is in charge of the overall project management of the Company various construction projects, conducts periodic quality and safety checks to ensure that quality and safety management systems are adhered to closely. He is also in-charge of the pre-cast concrete manufacturing business.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Brother of Mr Liong Kiam Teck, Mr Neo Tiam Boon and Mr Neo Thiam An.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct Interest of 83,599,752 ordinary shares, 750,000 debentures and 19,148,738 warrants in TA Corporation Ltd.
Past (for the last 5 years)
Nil
Present
Sinotac Group Pte Ltd
Parrigold Sdn Bhd