Change - Announcement of Cessation::RETIREMENT OF EXECUTIVE DIRECTOR - MR TEO KIM YONG

Issuer & Securities

Issuer/ Manager
WILMAR INTERNATIONAL LIMITED
Securities
WILMAR INTERNATIONAL LIMITED - SG1T56930848 - F34
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Dec-2015 13:00:21
Status
New
Announcement Sub Title
RETIREMENT OF EXECUTIVE DIRECTOR - MR TEO KIM YONG
Announcement Reference
SG151231OTHRTCE4
Submitted By (Co./ Ind. Name)
Teo La-Mei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Executive Director - Mr Teo Kim Yong.

Additional Details

Name Of Person
Teo Kim Yong
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
01/01/2016
Detailed Reason (s) for cessation
Retiring from the Board of Directors of Wilmar International Limited ("Wilmar") and his role as Chief Operating Officer of Wilmar on 31 December 2015. Mr Teo Kim Yong will, however, remain as a Director of certain Wilmar subsidiaries.
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
14/07/2006
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director (since 14 July 2006), Chief Operating Officer (since 1 July 2013), Executive Committee Member and Share Purchase Committee Member.
Role and responsibilities
Mr Teo Kim Yong is in charge of the Group's commercial activities, merchandising of palm and lauric oils, as well as the manufacturing, palms and biodiesel trading operations of the 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
Deemed interest in 33,852,274 Wilmar shares
Past (for the last 5 years)
Please refer to annexure A
Present
Please refer to annexure B

Attachments

Annexure A- TKY.pdf
Annexure B- TKY.pdf
Total size =99K