Change - Announcement of Cessation::TIGER AIRWAYS HOLDINGS LIMITED

Issuer & Securities

Issuer/ Manager
TIGER AIRWAYS HOLDINGS LIMITED
Securities
TIGER AIRWAYS HOLDINGS LIMITED - SG1Z26952619 - J7X

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-May-2014 07:24:16
Status
New
Announcement Sub Title
TIGER AIRWAYS HOLDINGS LIMITED
Announcement Reference
SG140507OTHRQOC4
Submitted By (Co./ Ind. Name)
Ho Zhuanglin
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
TIGER AIRWAYS HOLDINGS LIMITED - RESIGNATION OF CHIEF EXECUTIVE OFFICER

Additional Details

Name Of Person
Koay Peng Yen
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
12/05/2014
Detailed Reason (s) for cessation
Mr Koay has resigned as Chief Executive Officer of the Company but shall remain on the Board as a Non-Executive Director. Please refer to the Company's media release of even date for further information.
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
10/08/2012
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)
7
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer and Executive Director
Role and responsibilities
Responsible for the overall management and operations of the Tigerair Group.
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
1,017,975 ordinary shares of the Company held through nominee bank and 2,406,100 unvested share awards under the Company's Long Term Incentive Plan
Other Directorships
Past (for the last 5 years)
Please see Annex A
Present
Please see Annex A

Attachments

KPY ANNEX A v2.pdf
Total size =67K