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

Issuer & Securities

Issuer/ Manager
HIAP SENG ENGINEERING LTD
Securities
HIAP SENG ENGINEERING LTD - SG1G69871497 - 510
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Jun-2023 17:01:57
Status
New
Announcement Sub Title
Announcement of resignation as Independent Non-Executive Director
Announcement Reference
SG230630OTHRY9IT
Submitted By (Co./ Ind. Name)
Tan Hak Jin
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Hiap Seng Engineering Ltd (Judicial Manager Appointed) (the Company and together with its subsidiaries, the Group) wishes to announce the resignation of Dr John Chen Seow Phun as Independent Non-Executive Director of the Company on 1 July 2023.

The Board would like to put on record their heartfelt appreciation and thanks to Dr John Chen Seow Phun for his invaluable support and contributions to the Company.

Additional Details

Name Of Person
Dr John Chen Seow Phun
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2023
Detailed Reason (s) for cessation
Dr John Chen Seow Phun has stated his resignation was not due to the Company being under judicial management , and has resigned to pursue other personal interests.
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
18/09/2002
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of Audit Committee and member of Remuneration Committee.
Role and responsibilities
Non Executive and Independent Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
National University Health System Pte Ltd
Fu Yu Corporation Limited
Hong Lai Huat Group Limited
Present
JCL Business Development Pte Ltd
Unigold Asia Limited
OKP Holdings Limited
Pavillon Holding Ltd
PSC Corporation Ltd (fka Hanwell Holdings Ltd)
Matex International Limited
SAC Capital Private Limited
Tat Seng Packaging Group Ltd
JLM Foundation Ltd
SAC Advisors Pte Ltd
Tianjin Lanting Leasing Co., Ltd. (fka Pavillon Financial Leasing Co., Ltd.)
Pavillon Business Development (Shanghai) Co. Ltd.
Fengchi IOT Management Co., Ltd.
Sinostar Pec Holdings Ltd