Change - Announcement of Cessation::Retirement of Non-Executive Director - Koh Mia Seng

Issuer & Securities

Issuer/ Manager
SEN YUE HOLDINGS LIMITED
Securities
SEN YUE HOLDINGS LIMITED - SG1M25902545 - 5BS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Sep-2023 23:00:02
Status
New
Announcement Sub Title
Retirement of Non-Executive Director - Koh Mia Seng
Announcement Reference
SG230922OTHRS3EW
Submitted By (Co./ Ind. Name)
Shirley Tan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr. Koh Mia Seng ("Mr. Koh") as Non-Executive Director of the Company pursuant to Regulation 89 of the Company's Constitution at the conclusion of the Annual General Meeting of the Company held on 22 September 2023 ("AGM").

This announcement has been reviewed by the Company s sponsor, SAC Capital Private Limited (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Tay Sim Yee (Telephone no.: (65) 6232 3210), 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Additional Details

Name Of Person
Koh Mia Seng
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
22/09/2023
Detailed Reason (s) for cessation
Mr. Koh will be retiring as a Non-Executive Director of the Company pursuant to Regulation 89 of the Company's Constitution and will not be seeking for re-election at the AGM.

The Sponsor, after having interviewed Mr. Koh and to its best knowledge, is satisfied that, save as disclosed in the previous announcements in relation to the alleged close relationships between Mr. Koh and certain customers of the Company's subsidiary, SMC Industrial Pte Ltd, there are no other material reasons for the retirement of Mr. Koh as Non-Executive Director of the Company.
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
03/05/2015
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Role and responsibilities
Assumed role and responsibilities as 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?
Yes
Shareholding Details
369,109,046 shares
Other Directorships
Past (for the last 5 years)
- SMC Industrial (UK) Limited (Struck-off)
Present
- SMC Industrial Pte Ltd
- SYH E-Waste Pte Ltd
- SMCI Refinery Pte Ltd
- PNE Sino Pte Ltd
- SMC Industrial (HK) Limited