Change - Announcement of Cessation::Cessation of Acting Chief Executive Officer

Issuer & Securities

Issuer/ Manager
CHEMICAL INDUSTRIES (FAR EAST) LIMITED.
Securities
CHEMICAL INDUSTRIES (F.E.) LTD - SG1B37000984 - C05
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Jul-2024 17:48:15
Status
New
Announcement Sub Title
Cessation of Acting Chief Executive Officer
Announcement Reference
SG240718OTHRC2KP
Submitted By (Co./ Ind. Name)
Foo Soon Soo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Yeoh Beng Chai as Acting Chief Executive Officer.

Additional Details

Name Of Person
Yeoh Beng Chai
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
26/07/2024
Detailed Reason (s) for cessation
Following the appointment of Mr Steven Wong Tian Song as Chief Executive Officer (CEO) with effect from 26 July 2024, Mr Yeoh Beng Chai will cease as Acting CEO with effect from 26 July 2024. Mr Yeoh Beng Chai remains as Plant and Technical Director.

The Board wishes to record its appreciation to Mr Yeoh for his services and support to the Board as Acting CEO.
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
01/04/2024
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Acting Chief Executive Officer
Role and responsibilities
Executive, oversight of over the operations of the chlor-alkali manufacturing plant situated in Jurong Island and technical aspects of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
NIL
Present
NIL