Change - Announcement of Cessation::Retirement of Non-Executive Director

Issuer & Securities

Issuer/ Manager
LION TECK CHIANG LIMITED
Securities
LION TECK CHIANG LTD - SG1E42851378 - L17
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Oct-2014 17:13:46
Status
New
Announcement Sub Title
Retirement of Non-Executive Director
Announcement Reference
SG141030OTHRCF7O
Submitted By (Co./ Ind. Name)
Silvester Bernard Grant
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Director

Additional Details

Name Of Person
Tan Sri Cheng Heng Jem
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
30/10/2014
Detailed Reason (s) for cessation
Tan Sri Cheng Heng Jem has decided to retire and not seek re-appointment at the Annual General Meeting on 30 October 2014.
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
24/02/1997
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)
2
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.)
Nil
Role and responsibilities
Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
1) Brother of Cheng Theng Kee (Director and substantial shareholder) and Cheng Theng How (General Manager and Director of subsidiary Angkasa Amsteel Pte. Ltd.)
2) Uncle of Cheng Yong Liang (M.D.), Cheng Yong Kwang (Director of subsidiary Teck Chiang Realty Private Limited) and Tan Sri Cheng Yong Kim (substantial shareholder)
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed to be interested in 25,241,000 shares comprising 16,658,000 shares deemed held by Lion Corporation Berhad, 8,450,000 shares held by Lion Enterprise (Kuala Lumpur) Sdn Bhd, 100,000 shares held by Lion AMB Resources Berhad and 33,000 shares held by Lion Industries Corporation Berhad.
Other Directorships
Past (for the last 5 years)
Please see the attached.
Present
Please see the attached.

Attachments

TSWC Directorship list_past_present_Oct2014.pdf
Total size =278K