Change - Announcement of Cessation::Retirement of Independent Non-Executive Director - Hoon Chee Wai

Issuer & Securities

Issuer/ Manager
SINGAPORE SHIPPING CORPORATION LIMITED
Securities
SINGAPORE SHIPPING CORP LTD - SG1J24887775 - S19
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Jul-2025 17:38:01
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director - Hoon Chee Wai
Announcement Reference
SG250711OTHRINFP
Submitted By (Co./ Ind. Name)
Tan Chue Chin
Designation
Acting Chief Financial Officer and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Hoon Chee Wai ("Mr Hoon") as Independent Non-Executive Director who is Chairman of Audit and Risk Management Committee and member of Remuneration Committee of the Company

Additional Details

Name Of Person
Hoon Chee Wai
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
29/07/2025
Detailed Reason (s) for cessation
Mr Hoon is Chairman of the Audit and Risk Management Committee and is also member of Remuneration Committee of the Company on 29 July 2025. He will not be seeking re-election as an Independent Director at the AGM.

The Board of Directors expressed its gratitude and appreciation to Mr Hoon for his invaluable contributions during his tenure as Independent Non-Executive Director of the Company.
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
01/02/2024
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of Audit and Risk Management Committee and Member of Remuneration Committee
Role and responsibilities
Roles and responsibilities of Independent Non-Executive Director, Chairman of Audit and Risk Management Committee and Member of Remuneration Committee
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)
Directorships:
Intraco Limited
K.A. Group Holdings Pte. Ltd.
K.A. Building Construction Pte Ltd
K.A. Fireproofing Pte Ltd
K.A. Fabric Shutters Pte Ltd
K.A. FireLite Pte. Ltd.
Amberfire Technology Sdn. Bhd. (formerly known as K.A. Vermiculite Spray Sdn. Bhd.)
MJF Capital Pte. Ltd. (Struck off)
Tat Hong Intraco Pte Ltd
Tee International Limited
The Property Market Pte. Ltd
Intraco International Pte Ltd

Other Principal Commitments:
Nil
Present
Directorships:
Intraco Prime Pte. Ltd.
Kinergy Corporation Ltd
Provenance Treasures Pte. Ltd.
Taurus Point Capital Pte. Ltd.
Yongmao Holdings Ltd
Tradetok Pte. Ltd.

Other Principal Commitments:
Intraco Limited, Chief Operating Officer