Change - Announcement of Cessation::Resignation of independent non-executive Director

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
09-May-2024 17:22:28
Status
New
Announcement Sub Title
Resignation of independent non-executive Director
Announcement Reference
SG240509OTHRWXC2
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)
Resignation of Mr Lim Sim Seng as independent non-executive Director of Singapore Technologies Engineering Ltd ("ST Engineering").

Additional Details

Name Of Person
Lim Sim Seng
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
15/05/2024
Detailed Reason (s) for cessation
Mr Lim Sim Seng will resign as independent non-executive Director of ST Engineering in support of ST Engineering's board rejuvenation and good corporate governance practice.
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
15/05/2015
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)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director and Member of Executive Resource and Compensation Committe, Nominating Committee and Strategy and Finance Committee
Role and responsibilities
Independent non-executive Director
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
ST Engineering
- 104,600 ordinary shares fully paid
Past (for the last 5 years)
Non-executive Director, Nikko Asset Management Co., Ltd
Chairman, Singapore Land Authority
Present
Chairman, Building and Construction Authority
Director, DBS Securities (Japan) Company Limited
Chairman, DBS Vickers Securities Holdings Pte Ltd
High Commissioner, Federal Republic of Nigeria
Independent non-executive Director, IOI Properties Group Berhad
Independent non-executive Director, Raffles Medical Group Ltd

Attachments

2024.05.09 SGX Release - Board Changes.pdf
Total size =217K