Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR
Issuer & Securities
SINGHAIYI GROUP LTD.
SINGHAIYI GROUP LTD. - SG2G73000009 - 5H0
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR
Submitted By (Co./ Ind. Name)
Chen Huaidan @ Celine Tang
Group Managing Director
Effective Date and Time of the event
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's
Sponsor, SAC Capital Private Limited, for compliance with the relevant rules of the Singapore Exchange
Securities Trading Limited ("the Exchange"). The Company's Sponsor has not independently verified the contents
of this announcement.
This announcement has not been examined or approved by the Exchange and the Exchange assumes no
responsibility for the contents of this announcement, including the correctness of any of the statements or
opinions made or reports contained in this announcement.
The contact person for the Sponsor is Mr. Ong Hwee Li (Telephone: 65-6532 3829) at 1 Robinson Road, #21-02
AIA Tower, Singapore 048542.
Name Of Person
Lim Cheong Tiong
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
To dedicate time to focus on other personal matters. The Company's Sponsor, SAC Capital Private Limited, has contacted Mr Lim Cheong Tiong and based on its enquiries, is satisfied that other than as disclosed in this announcement, there are no other reasons for Mr Lim Cheong Tiong's resignation.
The Company will announce the appointment of a new Independent Director to replace Mr Lim Cheong Tiong in due course.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Nominating Committee, member of the Audit Committee and Remuneration Committee.
Role and responsibilities
Fulfilling the duties and responsibilities of Independent Director, Chairman of the Nominating Committee, member of the Audit Committee and Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
1) Faberhill Eco-Green Solutions Pte Ltd
2) Toll Zenecon Pte Ltd
3) Zenecon Investments Pte Ltd
4) Zenecon Holdings Pte Ltd
5) Zenecon Pte Ltd