Change - Announcement of Cessation::CESSATION OF CHIEF FINANCIAL OFFICER

Issuer & Securities

Issuer/ Manager
SBS TRANSIT LTD
Securities
SBS TRANSIT LTD - SG1F58858209 - S61
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Sep-2014 17:11:13
Status
New
Announcement Sub Title
CESSATION OF CHIEF FINANCIAL OFFICER
Announcement Reference
SG140901OTHROVXG
Submitted By (Co./ Ind. Name)
Chan Wan Tak, Wendy
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Financial Officer

Additional Details

Name Of Person
Ng Yew Lin, Linda
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
06/10/2014
Detailed Reason (s) for cessation
To pursue other opportunities.
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
01/10/2001
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)
5
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.)
Chief Financial Officer
Role and responsibilities
In charge of SBS Transit's financial and accounting functions and responsible for overseeing the financial and statutory reporting, budgeting, treasury and taxation.
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)
Nil
Present
Nil