Change - Announcement of Cessation::Retirement of Executive Director - Mr Yong Poon Miew
Issuer & Securities
NAM LEE PRESSED METAL INDUSTRIES LIMITED
NAM LEE PRESSED METAL INDS LTD - SG1X43941639 - G0I
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Executive Director - Mr Yong Poon Miew
Submitted By (Co./ Ind. Name)
Yong Koon Chin
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Yong Poon Miew as Executive Director.
Name Of Person
Yong Poon Miew
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
As part of the succession planning of the Group, Mr Yong Poon Miew ("Mr Yong") will retire as an Executive Director and be appointed as Advisor for the Group.
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.)
- Executive Director
- Member of Nominating Committee
Role and responsibilities
Carry out the responsibilities as an Executive Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Yong is the sibling of Mr Yong Koon Chin and Mr Yong Kin Sen who are the Director of the Company and Advisor for the Group respectively. He is the uncle of Mr Yong Han Keong Eric who is the Managing Director of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Mr Yong holds 47,373,181 ordinary shares in the Company.
Past (for the last 5 years)
Creative Holdings (HK) Limited
Swan Investment Pte Ltd
Nam Lee Containers Pte Ltd
Foshan Nanhai Creative Glass and Metal Limited
Nam Lee Industries Private Limited
Nam Lee Holdings Pte Ltd
Nam Lee Pressed Metal Pte Ltd
NL Metals Sdn Bhd
NL Mechanical Engineering Sdn Bhd
Nam Lee Pressed Metal Sdn Bhd
Nam Lee Industries Sdn Bhd
P.T. Nam Lee Metal Industries
Swan Metal Products Sdn Bhd