Change - Announcement of Cessation::CESSATION OF CHIEF OPERATING OFFICER

Issuer & Securities

Issuer/ Manager
SINGAPORE SHIPPING CORPORATION LIMITED
Securities
SINGAPORE SHIPPING CORP LTD - SG1J24887775 - S19

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Jul-2014 17:28:59
Status
New
Announcement Sub Title
CESSATION OF CHIEF OPERATING OFFICER
Announcement Reference
SG140718OTHRACPO
Submitted By (Co./ Ind. Name)
CHUA SIEW HWI
Designation
COMPANY SECRETARY
Effective Date and Time of the event
18/07/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
PLEASE SEE BELOW.

Additional Details

Name Of Person
TAY LAI WAT
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
18/07/2014
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
01/07/2005
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)
3
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.)
CHIEF OPERATING OFFICER
Role and responsibilities
The appointment is executive. As Chief Operating Officer, Mr Tay's role was chiefly to assist the Executive Chairman in the management of the operational matters of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NONE
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Please refer to the attachment.
Present
NIL.

Attachments

TLW_directorships.pdf
Total size =81K