Change - Announcement of Cessation::RETIREMENT OF EXECUTIVE OFFICER (WHO IS NOT A DIRECTOR)

Issuer & Securities

Issuer/ Manager
TYE SOON LIMITED
Securities
TYE SOON LTD - SG1BH8000001 - BFU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Jan-2017 07:42:53
Status
New
Announcement Sub Title
RETIREMENT OF EXECUTIVE OFFICER (WHO IS NOT A DIRECTOR)
Announcement Reference
SG170103OTHRO00A
Submitted By (Co./ Ind. Name)
DAVID CHONG TEK YEW
Designation
MANAGING DIRECTOR
Description (Please provide a detailed description of the event in the box below)
RETIREMENT OF EXECUTIVE OFFICER (WHO IS NOT A DIRECTOR) - MANAGING DIRECTOR OF IMPARTS AUTOMOTIVE PTY LTD (REFER TO ATTACHED FOR DETAILS).

Additional Details

Name Of Person
FRANK VIOLA
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2016
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?
Yes
If Yes, Please provide full details
The Group is also in discussions with Frank for him to provide on-going consultancy services to Imparts Automotive Pty Ltd.
Date of Appointment to current position
06/11/2000
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.)
Managing Director of Imparts Automotive Pty Ltd
Role and responsibilities
Responsible for overall performance and operations of Imparts Automotive Pty Ltd
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?
No
Past (for the last 5 years)
NIL
Present
Imparts Automotive Pty Ltd
Imparts Distribution Pty Ltd
Automotive Partners Asia Pty Ltd
Jagus Pty Ltd
Framag Pty Ltd
Clyde Hospitality Group Pty Ltd

Attachments

RetirementofEO.pdf
Total size =7K