Change - Announcement of Cessation::Retirement of Independent & Non-executive Director

Issuer & Securities

Issuer/ Manager
YEO HIAP SENG LTD
Securities
YEO HIAP SENG LTD - SG1I10878425 - Y03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Sep-2019 17:12:14
Status
New
Announcement Sub Title
Retirement of Independent & Non-executive Director
Announcement Reference
SG190930OTHRQQ3X
Submitted By (Co./ Ind. Name)
Winston Paul Wong Chi Huang
Designation
General Counsel & Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Dato' N. Sadasivan a/l N.N. Pillay as an Independent and Non-executive Director of the Company.

Additional Details

Name Of Person
N. Sadasivan a/l N.N. Pillay
Age
79
Is effective date of cessation known?
Yes
If yes, please provide the date
30/09/2019
Detailed Reason (s) for cessation
Dato' N. Sadasivan a/l N.N. Pillay has retired as an Independent and Non-executive Director of the Company as part of the Board's on-going renewal process.
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
24/04/2013
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent & Non-executive Director
Member of Audit & Risk Committee
Role and responsibilities
Independent & Non-executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil.
Present
(1) Panasonic Industrial Device Sales (M) Sdn Bhd
(2) Panasonic Procurement Malaysia Sdn Bhd
(3) NHK Manufacturing (Malaysia) Sdn Bhd
(4) APM Automotive Holdings Berhad*
(5) Bank Negara Malaysia (Central Bank of Malaysia)

* Public Company