Change - Announcement of Cessation::Cessation as Independent Director
Issuer & Securities
SIN HENG HEAVY MACHINERY LIMITED
SIN HENG HEAVY MACHINERY LTD - SG1CB2000008 - BKA
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation as Independent Director
Submitted By (Co./ Ind. Name)
Tan Ah Lye
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Mr Tan Keh Yan, Peter retired as a Director of the Company at the conclusion of the Annual General Meeting held on 23 April 2019. Co-terminus with his retirement, his various appointments as the Chairman of the Nominating Committee and a member of the Audit & Risk Committee and Remuneration Committee.
Name Of Person
Tan Keh Yan, Peter
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Retired at the conclusion of the Company's Annual General Meeting held on 23 April 2019 and did not seek re-election.
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.)
Independent Director, Chairman of the Nominating Committee and a member of the Audit & Risk Committee and Remuneration Committee
Role and responsibilities
Assumed the role and responsibilities of an Independent Director, Chairman of the Nominating Committee and a member of the Audit & Risk Committee and Remuneration Committee
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?
Past (for the last 5 years)
Asia Enterprises Holding Ltd.
Maxi-Cash Financial Services Corporation Ltd.