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

Issuer & Securities

Issuer/ Manager
SHS HOLDINGS LTD.
Securities
SHS HOLDINGS LTD. - SG1G33866144 - 566
SHS HOLDINGS W191216 - SG34C1000000 - AJHW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Mar-2018 19:15:09
Status
New
Announcement Sub Title
Resignation of Non-Executive and Independent Chairman
Announcement Reference
SG180301OTHRPKDQ
Submitted By (Co./ Ind. Name)
Ng Han Kok
Designation
Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive and Independent Chairman

Additional Details

Name Of Person
Chew Hoe Soon
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
01/03/2018
Detailed Reason (s) for cessation
Due to other work and personal commitments.
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
06/02/2015
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-executive and Independent Chairman
Role and responsibilities
Non-executive and Independent Chairman
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
Mr Chew holds 1,040,000 ordinary shares (direct interest), 1,300,000 ordinary shares (deemed interest), 7,322,000 warrants (direct interest) and 490,000 warrants (deemed interest) in SHS Holdings Ltd.
Past (for the last 5 years)
- Four Stars Capital Investment Pte Ltd
Present
- Scat Technologies Pte Ltd
- Singaport Cleanseas Pte Ltd
- Prosperbiz Petroleum (S) Pte Ltd
- Golden Star Marine Pte Ltd
- Shipmate Pte Ltd
- GSM Maritime Pte Ltd
- GP1 Pte Ltd
- IP 49 Pte Ltd
- RGF Investment Pte Ltd
- Singaport Environmental Services Pte Ltd
- Singaport Shipping Pte Ltd
- Swee Joo Pte Ltd
- CSP Marine Pte Ltd