Change - Announcement of Cessation::Cessation as a Director

Issuer & Securities

Issuer/ Manager
SHS HOLDINGS LTD.
Securities
SHS HOLDINGS LTD. - SG1G33866144 - 566
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2015 18:26:51
Status
New
Announcement Sub Title
Cessation as a Director
Announcement Reference
SG150427OTHRIHM3
Submitted By (Co./ Ind. Name)
Lynn Wan Tiew Leng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation as a Director.

Additional Details

Name Of Person
Lim Siok Kwee, Thomas
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2015
Detailed Reason (s) for cessation
Resolution pertaining to his re-election was not carried at the Company's Annual General Meeting held on 27 April 2015.
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
22/07/2013
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director.
Role and responsibilities
Executive.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Father of Mr Lim Peng Chuan Terence, a substantial shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
3,470,575 ordinary shares (direct interest) and 350,000 ordinary shares (deemed interest) in the Company.
Past (for the last 5 years)
None.
Present
SHS Special Coating Pte Ltd
SHS System Pte Ltd
SHS Offshore Pte Ltd
Gardella Singapore Coating Pte Ltd
Lesoon Equipment Pte Ltd
Speedo Corrosion Control Pte Ltd
TAT Petroleum Pte Ltd
Speedlock Equipment Sdn Bhd
Gardella Coating Philippines, Inc
Guangzhou City South Special Coating Limited
See Hup Seng CP Pte Ltd
Axxmo International Pte Ltd
Hetat Holdings Pte. Ltd.
Tat Petroleum Trading Pte. Ltd.
Hetat Construction Pte. Ltd.
Hetat Pte. Ltd.