Change - Announcement of Cessation::Retirement of Group Chief Executive Officer & Managing Director and Executive Director
Issuer & Securities
FAR EAST ORCHARD LIMITED
FAR EAST ORCHARD LIMITED - SG2P56002559 - O10
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Group Chief Executive Officer & Managing Director and Executive Director
Submitted By (Co./ Ind. Name)
Phua Siyu, Audrey
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Lui Chong Chee as the Group Chief Executive Officer & Managing Director, and Executive Director.
Name Of Person
Lui Chong Chee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Lui Chong Chee has given notice to the Board of his retirement on 31 December 2019. The Board has accepted Mr Lui's notice of retirement. The Board thanks Mr Lui for his dedicated service and contributions to the Far East Orchard Limited group and wishes him success in his future endeavours. Mr Lui remains as Group Chief Executive Officer & Managing Director and Executive Director until his retirement takes effect on 31 December 2019 and will be working closely with the Board to achieve a smooth transition.
The Board will announce the appointment of the new Group Chief Executive Officer in due course.
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.)
Group Chief Executive Officer & Managing Director, and Executive Director
Role and responsibilities
Responsible for the overall management, operations and performance of the Far East Orchard Limited group.
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)
Please refer to Appendix A
Total size =220K