Change - Announcement of Cessation::Resignation of Kuah Han Zhou, Alvin, Senior Manager (Business Development)

Issuer & Securities

Issuer/ Manager
HOE LEONG CORPORATION LTD.
Securities
HOE LEONG CORPORATION LTD. - SG1S47927920 - H20
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Nov-2019 17:34:00
Status
New
Announcement Sub Title
Resignation of Kuah Han Zhou, Alvin, Senior Manager (Business Development)
Announcement Reference
SG191127OTHRQ3OL
Submitted By (Co./ Ind. Name)
Liew Yoke Pheng, Joseph
Designation
Chairman cum CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Kuah Han Zhou, Alvin, Senior Manager (Business Development)

Additional Details

Name Of Person
Kuah Han Zhou, Alvin
Age
38
Is effective date of cessation known?
Yes
If yes, please provide the date
22/11/2019
Detailed Reason (s) for cessation
To pursue other career opportunities.
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
20/04/2009
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
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Senior Manager (Business Development)
Role and responsibilities
Manage the business development functions of the vessel business of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Son of Mr Kuah Geok Lin, a substantial shareholder of the Company who is deemed to be interested in the shares of the Company held by Hoe Leong Co. (Pte.) Ltd. by virtual of Section 7 of the Companies Act, Cap. 50.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
9,934,000 ordinary shares.
Past (for the last 5 years)
1. Dynamic Offshore SG Pte. Ltd. (under liquidation)

Present
1. Polaris Ship Management Pte. Ltd.
2. Markstar Marine Sdn Bhd.
3. Arkstar Eagle 3 Pte. Ltd.
4. Arkstar Energy Pte. Ltd.
5. Arkstar Offshore Pte. Ltd.
6. Arkstar Ship Management Pte. Ltd. (under liquidation)
7. Arkstar Unicorn Pte. Ltd.
8. Arkstar Voyager Pte. Ltd.