Change - Announcement of Cessation::Announcement of Cessation as Independent and Non-Executive Director who is an Audit Committee Member

Issuer & Securities

Issuer/ Manager
THE STRAITS TRADING COMPANY LIMITED
Securities
STRAITS TRADING CO. LTD - SG1J49001550 - S20

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Apr-2014 19:25:55
Status
New
Announcement Sub Title
Announcement of Cessation as Independent and Non-Executive Director who is an Audit Committee Member
Announcement Reference
SG140430OTHRAP92
Submitted By (Co./ Ind. Name)
Aldric Tan Jee Wei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Tan Sri Dato' Dr Lin See-Yan, an Independent and Non-Executive Director of the Company, has retired pursuant to Section 153(2) of the Companies Act, Chapter 50 at the conclusion of the Company's Annual General Meeting held on 30 April 2014.

Additional Details

Name Of Person
Tan Sri Dato' Dr Lin See-Yan
Age
74
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2014
Detailed Reason (s) for cessation
Tan Sri Dato' Dr Lin See-Yan has retired at the conclusion of the Company's Annual General Meeting held on 30 April 2014 and he did not seek re-appointment.
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
12/08/1994
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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.)
Independent and Non-Executive Director
Audit Committee Member
Nominating Committee Member
Remuneration Committee Member
Role and responsibilities
As above.
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?
No
Past (for the last 5 years)
Please refer to the attachment.
Present
Please refer to the attachment.

Attachments

Directorships.pdf
Total size =5K