Change - Announcement of Cessation::Announcement of Cessation as a Non-Executive Director

Issuer & Securities

Issuer/ Manager
TYE SOON LIMITED
Securities
TYE SOON LTD - SG1BH8000001 - BFU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-May-2020 20:18:38
Status
New
Announcement Sub Title
Announcement of Cessation as a Non-Executive Director
Announcement Reference
SG200528OTHRM7NG
Submitted By (Co./ Ind. Name)
David Chong Tek Yew
Designation
Managing Director
Description (Please provide a detailed description of the event in the box below)
See below.

Additional Details

Name Of Person
ONG HUAT KEE
Age
84
Is effective date of cessation known?
No
If No, please advise when the date will be announced
The Company will announce the effective date of cessation, after the date for the deferred AGM has been determined, and the AGM has been held.
Detailed Reason (s) for cessation
Mr Ong Huat Kee has decided to step down as a non-executive and non-independent director. Mr Ong will concurrently cease to be the Deputy Chairman of the Board, a Member of the Nominating Committee and the Enterprise Risk Management Committee.
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
23/08/1970
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director, Member of the Nominating Committee and the Enterprise Risk Management Committee.
Role and responsibilities
As above.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Brother to Ong Hock Siang @ Ong Huat Seong, Ong Huat Yew Peter and Ong Huat Choo. Father to Ong Lay May Apple and Uncle to Ong Eng Waey Abel, Ong Eng Mien Malcolm and Ong Eng Chian Kelvin.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1,834,767
Past (for the last 5 years)
No
Present
Tye Soon Limited