Change - Announcement of Cessation::Cessation of independent Director

Issuer & Securities

Issuer/ Manager
SINGAPORE TECHNOLOGIES ENGINEERING LTD
Securities
SINGAPORE TECH ENGINEERING LTD - SG1F60858221 - S63
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Nov-2024 17:42:57
Status
New
Announcement Sub Title
Cessation of independent Director
Announcement Reference
SG241101OTHRG44Q
Submitted By (Co./ Ind. Name)
Tan Wan Hoon
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Lim Ah Doo as independent Director of Singapore Technologies Engineering Ltd ("ST Engineering").

Additional Details

Name Of Person
Lim Ah Doo
Age
75
Is effective date of cessation known?
Yes
If yes, please provide the date
10/11/2024
Detailed Reason (s) for cessation
Mr Lim Ah Doo will be stepping down after completing his ninth year on the Board which aligns with good corporate governance practices.
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
10/11/2015
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)
7
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.)
Director, Audit Committe Member and Strategy and Finance Committee Member
Role and responsibilities
Independent Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
ST Engineering
- 138,500 ordinary shares fully paid held in trust by a trustee company
Past (for the last 5 years)
Director, ARA-CWT Management (Cache) Limited
Director, GP Industries Ltd
Director, Singapore Technologies Telemedia Pte Ltd
Director, STT Communications Ltd
Director, STT Global Data Centres India Private Limited
Director, Virtus HoldCo Limited
Present
Director, GDS Holdings Limited
Chairman and Director, Olam Group Limited
Director, U Mobile Sdn Bhd

Attachments

SGX Release - BOD and BOD Cttee Changes_1nov24_final.pdf
Total size =221K