Change - Announcement of Cessation::Resignation of 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
04-Feb-2025 17:46:52
Status
New
Announcement Sub Title
Resignation of Senior Vice President
Announcement Reference
SG250204OTHR8B4P
Submitted By (Co./ Ind. Name)
Michelle Heng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Senior Vice President

Additional Details

Name Of Person
Cham Soon Kian
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
28/02/2025
Detailed Reason (s) for cessation
To pursue other opportunities.

The Board wishes to record its appreciation to Mr Cham for his service and contributions since he joined the Stamford Tyres Group in 1991.
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
01/05/2022
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Senior Vice President - Head of South Africa Operations
Role and responsibilities
Responsible for overseeing the operations in South Africa under Stamford Tyres (Africa) (Pty) Limited, a wholly-owned subsidiary of the Company.

The CEO will oversee the operations of the Group in South Africa.
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?
Yes
Shareholding Details
50,000 ordinary shares in Stamford Tyres Corporation Limited
Other Directorships
Past (for the last 5 years)
N.A.
Present
Stamford Tyres (M) Sdn Bhd
STC Tyres (Malaysia) Sdn Bhd
STC Tyre Mart Sdn Bhd
SR Industries Sdn Bhd
Stamford Tyres (Africa) (Pty) Ltd