Change - Announcement of Cessation::Cessation as Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
SHANGHAI TURBO ENTERPRISES LTD
Securities
SHANGHAI TURBO ENTERPRISES LTD - KYG8064W1160 - AWM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Jun-2020 17:46:23
Status
New
Announcement Sub Title
Cessation as Non-Executive Independent Director
Announcement Reference
SG200616OTHR0CXE
Submitted By (Co./ Ind. Name)
Huang Wooi Teik
Designation
Non-Executive Chairman & Lead Independent Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Koh Wee Kiang as Non-Executive Independent Director, Chairman of Remuneration Committee and Member of Nominating Committee and Audit Committee

Additional Details

Name Of Person
Koh Wee Kiang
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2020
Detailed Reason (s) for cessation
Due to other personal commitment.
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
30/04/2019
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)
6
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.)
Non-Executive Independent Director, Remuneration Committee Chairman, Nominating Committee Member and Audit Committee Member
Role and responsibilities
Non-Executive Independent Director, Remuneration Committee Chairman, Nominating Committee Member and Audit Committee Member.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Redfield AM 3 SGP Pte Ltd
Redfield AM 2 SGP Pte Ltd
Redfield AM SGP Pte Ltd
UVB Pte Ltd
Present
Candoer Pte Ltd
Asia Enterprises Holding Limited