Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

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

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2015 18:26:29
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG150427OTHR3JG4
Submitted By (Co./ Ind. Name)
Lynn Wan Tiew Leng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Retirement of Independent Director.

Additional Details

Name Of Person
Teo Choon Kow, William
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2015
Detailed Reason (s) for cessation
Mr Teo Choon Kow, William, who was retiring pursuant to Article 90 of the Company's Article of Association of the Company, did not stand for re-election at the Company's Annual General Meeting held on 27 April 2015 (the "AGM"), retired as a Director of the Company at the conclusion of the AGM.
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
20/12/2005
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
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 Director, Chairman of Audit Committee, a member of the Nominating Committee and Remuneration Committee.
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
None.
Present
Loyz Energy Limited, Wee Hur Holdings Ltd, PSL Holdings Ltd, Fral Pte Ltd and Ascendent Technology Pte Ltd.