Change - Announcement of Cessation::RESIGNATION AS AN EXECUTIVE DIRECTOR, CHIEF EXECUTIVE OFFICER AND GROUP PRESIDENT

Issuer & Securities

Issuer/ Manager
SWIBER HOLDINGS LIMITED
Securities
SWIBER HOLDINGS LIMITED - SG1BI1000006 - BGK
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Sep-2016 22:49:43
Status
New
Announcement Sub Title
RESIGNATION AS AN EXECUTIVE DIRECTOR, CHIEF EXECUTIVE OFFICER AND GROUP PRESIDENT
Announcement Reference
SG160902OTHRTIFV
Submitted By (Co./ Ind. Name)
Bob Yap Cheng Ghee, c/o KPMG Services Pte Ltd / Raymond Kim Goh
Designation
Interim Judicial Managers / Chairman
Description (Please provide a detailed description of the event in the box below)
Please refer to the details below.

Additional Details

Name Of Person
YEO CHEE NENG
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
02/09/2016
Detailed Reason (s) for cessation
To pursue personal interest
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
12/11/2004
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.)
Executive Director, Chief Executive Officer and Group President
Role and responsibilities
To lead the management in setting strategies, objectives and mission for the day-to-day operations of the Group
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?
Yes
Shareholding Details
Direct Interest - 10,201,500 ordinary shares in the Company (2.22%)
Deemed Interest - 70,034,083 ordinary shares in the Company (15.21%)
Share Options - 1,000,000 options
Past (for the last 5 years)
Please refer to the attachment.
Present
Please refer to the attachment.

Attachments

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05/09/2016 23:58:32