Change - Announcement of Cessation::Cessation of Independent Non-Executive Chairman and Director

Issuer & Securities

Issuer/ Manager
SINGAPORE AIRLINES LIMITED
Securities
SIA S$500M 3.22%N200709 - SG7W61959351 - 4GPB
SIA S$300M3.75%N240408 - SG6PE4000001 - 3F4B
SIA S$200M3.145%N210408 - SG6PE5000000 - 3F5B
SINGAPORE AIRLINES LTD - SG1V61937297 - C6L
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Nov-2016 17:06:23
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Chairman and Director
Announcement Reference
SG161111OTHR2XHF
Submitted By (Co./ Ind. Name)
Brenton Wu
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Independent Non-Executive Chairman and Director

Additional Details

Name Of Person
Stephen Lee Ching Yen
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
01/01/2017
Detailed Reason (s) for cessation
Mr Stephen Lee has been Chairman of the Board of Directors for more than 10 years. His retirement from the Board is to allow for Board renewal and succession.
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
01/01/2006
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Chairman and Director
Role and responsibilities
Chairman of the Board of Directors
Chairman of the Board Executive Committee
Chairman of the Board Compensation and Industrial Relations Committee
Chairman of the Board Nominating Committee
Member of the Board Safety and Risk Committee
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?
Yes
Shareholding Details
Interest of 9,400 ordinary shares in Singapore Airlines Limited
Past (for the last 5 years)
Senior International Advisor, Temasek International Advisors Pte Ltd
President, Singapore National Employers Federation
Director, Baosteel Group Corporation, China
Director, COFCO Corporation, China
Director, SLF Strategic Advisers Private Limited
Member, Chinese Development Assistance Council
Member, National Wages Council
Present
Chairman, SIA Engineering Company Limited
Managing Director, Great Malaysia Textile Investments Pte Ltd
Managing Director, Shanghai Commercial & Savings Bank Ltd,Taiwan
Chairman, NTUC Income Insurance Co-operative Limited
Chairman, Shanghai Commercial Bank Ltd, Hong Kong
Director, CapitaLand Limited
Director, China National Petroleum Corporation, Beijing
Director, G2000 Apparel (S) Private Limited
Director, Kidney Dialysis Foundation
Director, Singapore Labour Foundation
Director, NTUC Enterprise Co-operative Limited
Member, Board of Trustee, NTUC-ARU (Administrative & Research Unit)
Member, Dr Goh Keng Swee Scholarship Fund
Alternate Member, Council of Presidential Advisers, Singapore

Attachments

NE-3216.pdf
Total size =95K