Change - Announcement of Cessation::PRESIDENT OF SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED TO RELINQUISH APPOINTMENT

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
14-Nov-2016 17:14:32
Status
New
Announcement Sub Title
PRESIDENT OF SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED TO RELINQUISH APPOINTMENT
Announcement Reference
SG161114OTHRTIIB
Submitted By (Co./ Ind. Name)
Chua Su Li
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Mr Lee Fook Sun will relinquish his appointment as President of Singapore Technologies Electronics Limited

Additional Details

Name Of Person
Lee Fook Sun
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
01/01/2017
Detailed Reason (s) for cessation
Lee Fook Sun will relinquish his appointment as President of Singapore Technologies Electronics Limited ("ST Electronics") to focus on his other roles as Deputy CEO and President of Defence Business of the Group, with effect from 1 January 2017.
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
15/08/2009
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)
10
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
President of ST Electronics
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
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Singapore Technologies Engineering Ltd
- 953,009 shares
- up to 632,400 Performance Shares*
- 74,877 unvested Restricted Shares**
- up to 130,500 Restricted Shares**

* pursuant to the ST Engineering Performance Share Plan 2010
** pursuant to the ST Engineering Restricted Share Plan 2010
Past (for the last 5 years)
Please see Appendix 2
Present
Please see Appendix 1

Attachments