Change - Announcement of Cessation::Cessation of Independent Director who is an Audit Committee Member

Issuer & Securities

Issuer/ Manager
KEPPEL CORPORATION LIMITED
Securities
KEPPEL CORPORATION LIMITED - SG1U68934629 - BN4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2016 06:30:56
Status
New
Announcement Sub Title
Cessation of Independent Director who is an Audit Committee Member
Announcement Reference
SG160425OTHRRDLP
Submitted By (Co./ Ind. Name)
Caroline Chang/Kelvin Chua
Designation
Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Cessation of Mrs Oon Kum Loon as an Independent Director of the Company.

Additional Details

Name Of Person
Oon Kum Loon (Mrs)
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
01/05/2016
Detailed Reason (s) for cessation
Mrs Oon Kum Loon will retire as Independent Director with effect from 1 May 2016. Mrs Oon will concurrently cease to be Chairman of Board Risk Committee, Member of Audit Committee and Member of Remuneration Committee (please refer to the attached announcement dated 25 April 2016 for further details).
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
15/05/2004
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)
7
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 and Independent Director, Chairman of Board Risk Committee, Member of Audit Committee and Member of Remuneration Committee.
Role and responsibilities
As above.
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?
Yes
Shareholding Details
Direct interests in 88,200 shares and deemed interests in 54,000 shares of Keppel Corporation Limited
Past (for the last 5 years)
China Resources Microelectronics Limited;
Aviva Life Insurance Company Limited;
Aviva Ltd;
Navigator Investment Services Ltd;
Keppel Land China Limited; Aircraft Capital Trust Management Pte Ltd;
SP PowerAssets Limited;
PowerGas Limited
Present
Keppel Land Limited
Singapore Power Limited
Jurong Port Pte Ltd

Attachments

Retirement of Mrs Oon Kum Loon.final.pdf
Total size =94K