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

Issuer & Securities

Issuer/ Manager
OVERSEA-CHINESE BANKING CORPORATION LIMITED
Securities
OVERSEA-CHINESE BANKING CORP - SG1S04926220 - O39
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Aug-2015 09:14:29
Status
New
Announcement Sub Title
Announcement of Cessation of Non-Executive Director
Announcement Reference
SG150811OTHRSZY8
Submitted By (Co./ Ind. Name)
Peter Yeoh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Non-Executive Director

Additional Details

Name Of Person
Lee Seng Wee
Age
85
Is effective date of cessation known?
Yes
If yes, please provide the date
07/08/2015
Detailed Reason (s) for cessation
Cessation by reason of demise
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
25/02/1966
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)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director, Member of the Executive Committee and Nominating Committee.
Role and responsibilities
Non-Executive Director, Member of the Executive Committee and Nominating Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Lee Seng Wee is a Director of Lee Foundation, a substantial shareholder of the Bank and the father of Dr Lee Tih Shih, a Director of the Bank.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct: 8,978,911 OCBC ordinary shares and 800,000 4.2% NCPS
Deemed: 5,235,394 OCBC ordinary shares and 600,000 4.2% NCPS
Past (for the last 5 years)
Great Eastern Holdings Limited
The Overseas Assurance Corporation Ltd
Present
Board of Trustees of the Temasek Trust
Lee Foundation, Singapore
Lee Rubber Group Companies