Change - Announcement of Cessation::CESSATION OF PRESIDENT, SINGAPORE TECHNOLOGIES KINETICS LTD

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
05-Mar-2015 17:16:05
Status
New
Announcement Sub Title
CESSATION OF PRESIDENT, SINGAPORE TECHNOLOGIES KINETICS LTD
Announcement Reference
SG150305OTHRH8SW
Submitted By (Co./ Ind. Name)
Chua Su Li
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Sew Chee Jhuen as President of Singapore Technologies Kinetics Ltd

Additional Details

Name Of Person
Sew Chee Jhuen
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
23/03/2015
Detailed Reason (s) for cessation
Mr Sew will relinquish his current position as President, ST Kinetics and assume the position of President of Special Projects in ST Engineering. With his operational and general management experience in running a business sector for close to 9 years, Mr Sew will add strength to the corporate team in ST Engineering.
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
01/09/2006
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)
9
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.)
President, Singapore Technologies Kinetics Ltd
Role and responsibilities
Overall management of the Kinetics sector
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?
Yes
Shareholding Details
Singapore Technologies Engineering Ltd
- 1,639,355 shares
- up to 394,400 Performance Shares*
- up to 148,500 Restricted Shares**
- 36,660 unvested Restricted shares**

* pursuant to the ST Engineering Performance Share Plan 2010
** pursuant to the ST Engineering Restricted Share Plan 2010
Other Directorships
Past (for the last 5 years)
See attached Annex A
Present
See attached Annex A

Attachments

SEWCheeJhuen-Dirships-AnnexA.pdf
SGX STEngg Makes Management Changes_5 March 2015.pdf
Total size =263K