Change - Announcement of Cessation::Retirement of Mr Neil McGregor as Director and Group President & CEO
Issuer & Securities
SEMBCORP INDUSTRIES LTD
SEMBCORP INDUSTRIES LTD - SG1R50925390 - U96
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Mr Neil McGregor as Director and Group President & CEO
Submitted By (Co./ Ind. Name)
Kwong Sook May
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Neil McGregor as a Director at Annual General Meeting on 22 April 2020 and as Group President & CEO with effect from 30 June 2020.
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr McGregor will not seek for re-election as a Director at the Annual General Meeting to be held on 22 April 2020.
He will retire as the Group President & CEO with effect from 30 June 2020. Upon his retirement, Mr McGregor stays on as an Advisor of the Company until 31 December 2020.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group President & CEO / Director
Role and responsibilities
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
To refer to Appendix A
Past (for the last 5 years)
To refer to Appendix B
To refer to Appendix C
NM-Annex B-List of last 5 years Directorships.pdf
NM-Annex C-Present Directorships.pdf
Total size =65K