Change - Announcement of Cessation::Cessation of Managing Director, Accommodation Business

Issuer & Securities

Issuer/ Manager
CENTURION CORPORATION LIMITED
Securities
CENTURION CORPORATION LIMITED - SG2D51973063 - OU8
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-May-2019 21:02:34
Status
New
Announcement Sub Title
Cessation of Managing Director, Accommodation Business
Announcement Reference
SG190510OTHRZ2Y5
Submitted By (Co./ Ind. Name)
Kong Chee Min
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Managing Director, Accommodation Business

Additional Details

Name Of Person
Tony Bin Hee Din
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2019
Detailed Reason (s) for cessation
After having managed the accommodation business of the Centurion group since 2008 and with Centurion Corporation for 8 years, Mr Tony Bin has decided to resign as Managing Director, Accommodation Business to pursue personal interest.

The Board and Management would like to thank Mr Tony Bin for his invaluable contribution to the Centurion group.
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
01/08/2011
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)
4
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.)
Managing Director, Accommodation Business
Role and responsibilities
Mr Tony Bin is primarily responsible for the strategic planning and overall management of the accommodation business of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Tony Bin is the brother-in-law of Mr Loh Kim Kang David, Non-Executive Director and controlling shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
- 255,000 ordinary shares in Centurion Corporation Limited
- S$500,000 fixed rate notes due 2022 issued by Centurion Corporation Limited
Past (for the last 5 years)
Please refer to Appendix A.
Present
Please refer to Appendix B.

Attachments

Appendix A - List of past directorships - Tony Bin Hee Din.pdf
Appendix B - List of present directorships - Tony Bin Hee Din.pdf
Total size =83K