Change - Announcement of Cessation::PRESIDENT OF SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED TO RELINQUISH APPOINTMENT
Issuer & Securities
SINGAPORE TECHNOLOGIES ENGINEERING LTD
SINGAPORE TECH ENGINEERING LTD - SG1F60858221 - S63
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
PRESIDENT OF SINGAPORE TECHNOLOGIES ELECTRONICS LIMITED TO RELINQUISH APPOINTMENT
Submitted By (Co./ Ind. Name)
Chua Su Li
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
Name Of Person
Lee Fook Sun
Is effective date of cessation known?
If yes, please provide the date
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?
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.)
President of ST Electronics
Role and responsibilities
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
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
Please see Appendix 1
Total size =92K