Change - Announcement of Cessation::DEMISE OF DEPUTY MANAGING DIRECTOR

Issuer & Securities

Issuer/ Manager
LOW KENG HUAT (SINGAPORE) LIMITED
Securities
LOW KENG HUAT (SINGAPORE) LTD - SG1W86940333 - F1E
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Jul-2014 17:50:18
Status
New
Announcement Sub Title
DEMISE OF DEPUTY MANAGING DIRECTOR
Announcement Reference
SG140731OTHRJTY1
Submitted By (Co./ Ind. Name)
CHIN YEOK YUEN
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
DEMISE OF DEPUTY MANAGING DIRECTOR

Additional Details

Name Of Person
LOW KENG HOO @ LOW KENG FOO
Age
74
Is effective date of cessation known?
Yes
If yes, please provide the date
30/07/2014
Detailed Reason (s) for cessation
Demise
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
14/04/1969
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.)
Deputy Managing Director
Role and responsibilities
Mr Low Keng Hoo was one of the co-founders of Low Keng Huat (Singapore) Limited (the "Company") and was responsible for overseeing all site work, execution, site administration, control and liaison between the Company and its sub-contractors. He contributed to the successful completion of many iconic projects undertaken by the Company including OCBC Bank building, MAS Building, Mandarin Gardens, SingPost building, nex @ Serangoon, and Hard Rock Hotel at Sentosa.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Low Keng Hoo was the brother of Non-Executive Chairman, Tan Sri Dato Low Keng Huat and Joint Managing Director , Mr Low Keng Boon. He was the father of Executive Director, Mr Low Poh Kuan and uncle of Joint Managing Director , Datuk Marco Low Peng Kiat. Tan Sri Dato Low Keng Huat and Datuk Marco Low Peng Kiat are the shareholders of one of our substantial shareholders, Consistent Records Sdn Bhd. Mr Low Keng Hoo was and Mr Low Keng Boon is the other two substantial shareholders.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
52,889,946 shares
Past (for the last 5 years)
Transcrete Sdn Bhd
Low Keng Huat (Singapore) Limited
Present
Not applicable