Change - Announcement of Cessation::Announcement of Resignation as Executive Director

Issuer & Securities

Issuer/ Manager
SHS HOLDINGS LTD.
Securities
SHS HOLDINGS LTD. - SG1G33866144 - 566
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Mar-2015 23:18:33
Status
New
Announcement Sub Title
Announcement of Resignation as Executive Director
Announcement Reference
SG150317OTHRNTSB
Submitted By (Co./ Ind. Name)
Goh Koon Seng
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Ng Keng Sing as Executive Director of SHS Holdings Ltd

Additional Details

Name Of Person
Ng Keng Sing
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
18/03/2015
Detailed Reason (s) for cessation
Mr Ng Keng Sing's resignation as Executive Director of SHS Holdings Ltd arises from his resignation as CEO of TAT Petroleum Pte Ltd. Please refer to the corresponding announcement of his resignation as CEO of TAT Petroleum Pte Ltd of the same date.
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
22/07/2013
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director of SHS Holdings Ltd
Role and responsibilities
Management of the Group's Refined Petroleum distribution and trading businesses.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Unicorn Energy International Pte Ltd
Present
TAT Petroleum Pte Ltd
TAT Petroleum (Guangzhou) Trading Co. Ltd
TAT Petroleum Vietnam Co. Ltd
Eastern Tankstore Pte Ltd
PT Tat Indonesia