Change - Announcement of Cessation::RESIGNATION OF MANAGING DIRECTOR (PRECAST DIVISION)

Issuer & Securities

Issuer/ Manager
CHIP ENG SENG CORPORATION LTD.
Securities
CHIP ENG SENG CORPORATION LTD - SG1H36875612 - C29
CHIPENGSENG S$125M4.9%N220519 - SG7BC0000007 - 6X7B
CHIPENGSENG S$120M4.75%N210614 - SG73C5000004 - 4F1B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Apr-2018 20:12:01
Status
New
Announcement Sub Title
RESIGNATION OF MANAGING DIRECTOR (PRECAST DIVISION)
Announcement Reference
SG180424OTHRJYKR
Submitted By (Co./ Ind. Name)
Hoon Tai Meng
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Please see below.

Additional Details

Name Of Person
James Yuen Chew Loong
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2018
Detailed Reason (s) for cessation
To pursue his other interest.
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
01/07/2012
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)
5
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.)
Managing Director (Precast Division)
Role and responsibilities
Business development and operations of precast division.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
1. Chip Eng Seng Contractors (1988) Pte Ltd
2. Chip Eng Seng Construction Pte. Ltd.
3. CES Building and Construction Pte. Ltd.
4. CES Engineering & Construction Pte. Ltd.
Present
1. CES-Precast Pte. Ltd.
2. SPP Systems Pte. Ltd.
3. CES-Precast Sdn Bhd