Change - Announcement of Cessation::Cessation as Senior Vice President

Issuer & Securities

Issuer/ Manager
STAMFORD TYRES CORPORATION LIMITED
Securities
STAMFORD TYRES CORPORATIONLTD - SG1O53913362 - S29
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
09-May-2016 18:10:50
Status
New
Announcement Sub Title
Cessation as Senior Vice President
Announcement Reference
SG160509OTHRYYTN
Submitted By (Co./ Ind. Name)
Lo Swee Oi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation as Senior Vice President

Additional Details

Name Of Person
Patrick James Berriman
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
09/05/2016
Detailed Reason (s) for cessation
Mr Berriman has relinquished his position as a Senior Vice-President. He will continue as a Management Consultant to the Group, in particular to oversee and supervise its operations in Australia, as well as to undertake assigned Group-related projects.
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
09/09/2005
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)
5
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.)
Senior Vice President
Role and responsibilities
Responsible for the development of sales and distribution of the Group's new joint venture in India with Sumitomo Rubber Industries. He was also responsible for all divisions under Stamford Tyres International Pte. Ltd. in Singapore, and supervises the Group's operations in Australia.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
Nil

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