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

Issuer & Securities

Issuer/ Manager
COSCO CORPORATION (SINGAPORE) LIMITED
Securities
COSCO CORPORATION (S) LTD - SG1S76928401 - F83
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Sep-2016 17:16:52
Status
New
Announcement Sub Title
Cessation of Non-Independent Executive Director
Announcement Reference
SG160930OTHRLA24
Submitted By (Co./ Ind. Name)
Gu Jing Song
Designation
Vice Chairman and President
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Independent Executive Director.

Additional Details

Name Of Person
Liu Lian An
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
01/10/2016
Detailed Reason (s) for cessation
Cessation as Non-Independent Executive Director of the Company due to retirement.
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
20/02/2012
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
8
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Executive Director
Role and responsibilities
Responsible for the workings of the Board, ensuring the integrity and effectiveness of its governance process
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
None
Present
1) COSCO Corporation (Singapore) Limited
2) COSCO Holdings (Singapore) Pte Ltd
3) COSCO (Hong Kong) Insurance Brokers Limited
4) COSCO (Dalian) Shipyard Co., Ltd.
5) COSCO (Nantong) Shipyard Co., Ltd.