Change - Announcement of Cessation::Demise of Executive Chairman and Director

Issuer & Securities

Issuer/ Manager
BH GLOBAL CORPORATION LIMITED
Securities
BH GLOBAL CORPORATION LIMITED - SG1CF8000003 - BQN
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Jul-2016 20:17:21
Status
New
Announcement Sub Title
Demise of Executive Chairman and Director
Announcement Reference
SG160708OTHRA7UL
Submitted By (Co./ Ind. Name)
Vincent Lim Hui Eng
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Demise of Executive Chairman, Mr Alvin Lim Hwee Hong.

Additional Details

Name Of Person
Alvin Lim Hwee Hong
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
08/07/2016
Detailed Reason (s) for cessation
Passed away on 8 July 2016.
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
23/04/2004
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman.
Role and responsibilities
Overall responsibility for the day-to-day operations of the Group and also responsible for the strategic and business development of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Sibling of the Executive Directors and substantial shareholders, Mr Vincent Lim Hui Eng and Mr Patrick Lim Hui Peng.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Interests in the Company:
1. Direct interest: 982,172 ordinary shares.
2. Deemed interest: 71,668,900 ordinary shares.
Interest in the subsidiary:
1. BH Marine & Offshore Engineering Pte. Ltd. : 1 ordinary share.
Past (for the last 5 years)
Please refer to the attachment.
Present
Please refer to the attachment.

Attachments

Directorships-Alvin.pdf
Total size =47K