Change - Announcement of Cessation::Announcement of Cessation

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
25-Oct-2019 17:02:16
Status
New
Announcement Sub Title
Announcement of Cessation
Announcement Reference
SG191025OTHROPQN
Submitted By (Co./ Ind. Name)
Joseph Liew
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Quah Yoke Hwee as Director of the Company.

Additional Details

Name Of Person
Quah Yoke Hwee
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
25/10/2019
Detailed Reason (s) for cessation
Board Renewal.
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
18/11/1994
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director.
Role and responsibilities
Responsibilities of a Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Yes.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1. Hold 15,314,117 ordinary shares in the Company.
2. Deemed to be interested in 1,589,854,677 ordinary shares of the Company held by Hoe Leong Co. (Pte.) Ltd by virtual of Section 7 of the Companies Act, Cap. 50.
Past (for the last 5 years)
NIL
Present
1. Arkstar Energy Pte Ltd
2. Arkstar Voyager Pte Ltd
3. Ho Leong Tractors Sdn. Bhd.
4. PT Trackspare
5. Bandarama Sdn Bhd
6. Hoe Leong Co. (Pte.) Ltd.
7. Hoe Leong Metal & Machinery Pte Ltd
8. Hoe Leong Development Pte Ltd
9. Hoe Leong Plastic Industry (China) Ltd
10. Shanghai Sinati Machinery Limited
11. HL Indo Trading Pte Ltd
12. PT Batam General Supplier
13. PT Sumber Bajatama
14. Hainan Hoe Leong Real Estate Development Co. Ltd
15. Haikou Hoe Leong Machinery Co. Ltd
16. Guizhou He Li Hydraulic Pressure Co. Ltd
17. Shenyang Milequip Industry Co. Ltd
18. Kunshan Kanto Buhin Manufacturing Co Ltd
19. Quahzhou Kanto Buhin Machinery Manufacturing Co Ltd
20. Hoe Leong Crawler Parts Pte Ltd