Change - Announcement of Cessation::Retirement of Non-Executive Lead Independent Director

Issuer & Securities

Issuer/ Manager
COSCO SHIPPING INTERNATIONAL (SINGAPORE) CO., LTD.
Securities
COSCO SHIPPING INTL(S) CO. LTD - SG1S76928401 - F83
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2018 17:33:18
Status
New
Announcement Sub Title
Retirement of Non-Executive Lead Independent Director
Announcement Reference
SG180427OTHRG6XB
Submitted By (Co./ Ind. Name)
Gu Jing Song
Designation
Vice Chairman and President
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Tom Yee Lat Shing as Non-Executive Lead Independent Director, Chairman of the Audit Committee and member of Strategy Development Committee, Enterprise Risk Management Committee, Nominating Committee and Remuneration Committee

Additional Details

Name Of Person
Tom Yee Lat Shing
Age
84
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2018
Detailed Reason (s) for cessation
Cessation due to 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?
No
Date of Appointment to current position
16/11/1993
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director and Chairman of the Audit Committee
Role and responsibilities
Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
None
Present
1) Bonvest Holdings Ltd
2) Pacific Century Regional Development Limited
3) Powermatic Data Systems Ltd