Change - Announcement of Cessation::Resignation of Non-Independent Executive Director

Issuer & Securities

Issuer/ Manager
TAT HONG HOLDINGS LTD
Securities
TAT HONG HOLDINGS LTD - SG1I65883502 - T03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Jun-2015 17:18:17
Status
New
Announcement Sub Title
Resignation of Non-Independent Executive Director
Announcement Reference
SG150623OTHRXAQF
Submitted By (Co./ Ind. Name)
Lional Tseng
Designation
Group CFO/Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Independent Executive Director

Additional Details

Name Of Person
Ng San Wee David
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
23/06/2015
Detailed Reason (s) for cessation
After stepping down as Executive Director of Tat Hong Holdings Ltd, Mr Ng San Wee David will continue as an Executive Director of Tat Hong HeavyEquipment (Pte.) Ltd., a wholly-owned subsidiary, and various other subsidiaries.
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
01/09/1999
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Responsible for managing the business and operations of Tat Hong HeavyEquipment (Pte.) Ltd.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Ng San Wee David is the brother of Mr Ng San Tiong Roland who is the MD and Group CEO of Tat Hong Holdings Ltd and is a Joint Trustee of the Chwee Cheng Trust which owns approximately 42.03% of Chwee Cheng & Sons Pte Ltd which in turn is a controlling shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interest in 259,900,410 ordinary shares
Past (for the last 5 years)
Dyno Engineering Pte Ltd
TH HeavyLift Pte Ltd
THAB Development Sdn Bhd
Tat Hong Flo-Line Pte Ltd
Hup Hin Transport Co Pte Ltd
Chip Eng Engineering Works Pte Ltd
Present
Fersina (Singapore) Pte Ltd
CAA Properties Pty Ltd
Tat Hong HeavyEquipment (HK) Ltd
Tat Hong Plant Hire Sdn Bhd
Tat Hong Machinery Pte Ltd
Tat Hong International Pte Ltd
Tat Hong Holdings Ltd
Tat Hong HeavyEquipment (Pte.) Ltd.
Leadpoint Pte Ltd
Load Controls Systems Pte Ltd
TH Investments Pte Ltd
Tat Hong United Logistics Pte Ltd
Tat Hong Heavyequipment (Macau) Limited
PT Tatindo HeavyEquipment
Tat Hong Crane Hire Pte Ltd
Tat Hong Crane Logistics Sdn Bhd
PT World Wide Equipment South East Asia