Change - Announcement of Cessation::Retirement of Director
Issuer & Securities
DYNA-MAC HOLDINGS LTD.
DYNA-MAC HOLDINGS LTD. - SG2C93967918 - NO4
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Director
Submitted By (Co./ Ind. Name)
Lim Ah Cheng
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Director
Name Of Person
Lim Tjew Yok
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Retired and did not wish to seek re-election at the Company's Annual General Meeting held on 29 April 2021.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Operating Officer.
Role and responsibilities
As Chief Operating Officer, Mr Lim is responsible for Operations and Planning, Quality Assurance & Quality Control, Group Information Technology, Engineering and Overseas Project Management in Shanghai & Philippines.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Uncle of Ms Lim Rui Ping (Director)
Brother-in-law of Mr Teo Boon Hwee (Chief Marketing Officer and alternate director to Ms Lim Rui Ping)
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Dyna-Mac Holdings Ltd.
Dyna-Mac Keppel Philippines Inc
DM-CMHI Offshore Engineering (Jiangsu) Co Ltd