Change - Announcement of Cessation::Retirement of Group Chief Operating Officer (Operations Excellence) and Chief Commercial Officer

Issuer & Securities

Issuer/ Manager
SINGAPORE TECHNOLOGIES ENGINEERING LTD
Securities
SINGAPORE TECH ENGINEERING LTD - SG1F60858221 - S63
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Aug-2021 17:54:27
Status
New
Announcement Sub Title
Retirement of Group Chief Operating Officer (Operations Excellence) and Chief Commercial Officer
Announcement Reference
SG210831OTHR52Q8
Submitted By (Co./ Ind. Name)
Tan Wan Hoon
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Lim Serh Ghee with effect from 30 October 2021. Mr Lim Serh Ghee will relinquish his role as Chief Commercial Officer on 1 September 2021 and remain as Chief Operating Officer (Operations Excellence) and member of the Group Executive Committee until his retirement on 30 October 2021.

Additional Details

Name Of Person
Lim Serh Ghee
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
30/10/2021
Detailed Reason (s) for cessation
Retirement
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
01/01/2021
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)
8
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.)
Group Chief Operating Officer (Operations Excellence) and Chief Commercial Officer
Role and responsibilities
As Chief Operating Officer (Operations Excellence), Mr Lim is responsible to drive continuous improvement programmes to achieve operational and cost efficiencies. He oversees Group IT, Procurement and Estate & Facilities Management functions.

As Chief Commercial Officer, Mr Lim is responsible for the Commercial cluster to fuel the Group's international growth in Commercial Aerospace, Urban Solutions and Satellite Communications domains.

Mr Lim Serh Ghee reports to the President and Chief Executive Officer of ST Engineering.
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?
Yes
Shareholding Details
Singapore Technologies Engineering Ltd
- 1,380,164 shares
- up to 585,558 Performance Shares*1
- up to 260,917 Performance Shares*2
- 150,255 unvested Restricted Shares#1
- 97,220 unvested Restricted Shares#2

*1 pursuant to the ST Engineering Performance Share Plan 2010
*2 pursuant to the ST Engineering Performance Share Plan 2020
#1 pursuant to the ST Engineering Restricted Share Plan 2010
#2 pursuant to the ST Engineering Restricted Share Plan 2020
Past (for the last 5 years)
Composite Technology International Pte Ltd
Pacific Flight Services Pte Ltd
Shanghai Technologies Aerospace Company Limited
ST Aerospace Academy Pte. Ltd.
ST Aerospace (Guangzhou) Aviation Services Company Limited
ST Engineering Aerospace Guangzhou Aero-Technologies & Engineering Co., Ltd.
ST Engineering Aerospace Aircraft Maintenance Pte. Ltd.
ST Engineering Aerospace America, Inc.
ST Engineering Aerospace Engines Pte. Ltd.
ST Engineering Aerospace Ltd.
ST Engineering Aerospace Resources Pte. Ltd.
ST Engineering Aerospace Services Company Pte. Ltd.
ST Engineering Aerospace Solutions A/S
ST Engineering Aerospace Supplies Pte. Ltd.
ST Engineering Aerospace Systems Pte. Ltd.
ST Engineering Aerospace Technologies (Xiamen) Co Ltd
ST Engineering IHQ Pte. Ltd.
ST Engineering Management Services Pte. Ltd.
Turbine Coating Services Pte Ltd
Turbine Overhaul Services Pte Ltd
VisionTech Engineering Pte Ltd
VT Mobile Aerospace Engineering, Inc.
VT San Antonio Aerospace, Inc.
Present
ST Engineering Aerospace Seats Pte. Ltd.
ST Engineering Management Services Pte. Ltd.