Change - Announcement of Cessation::Cessation as Independent Director

Issuer & Securities

Issuer/ Manager
SIN HENG HEAVY MACHINERY LIMITED
Securities
SIN HENG HEAVY MACHINERY LTD - SG1CB2000008 - BKA
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Jul-2020 20:10:16
Status
New
Announcement Sub Title
Cessation as Independent Director
Announcement Reference
SG200701OTHR5YS8
Submitted By (Co./ Ind. Name)
Tan Ah Lye
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Please refer to the information below.

Additional Details

Name Of Person
Yeo Yun Seng Bernard
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2020
Detailed Reason (s) for cessation
Mr Yeo Yun Seng, Bernard resigned as an Independent Director of the Company to allow for renewal of the Board of Directors of the Company (the "Board") as Mr Bernard Yeo has served on the Board beyond nine years from the date of his first appointment.
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
21/12/2009
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Audit and Risk Committee and a member of the Nominating Committee and the Remuneration Committee.
Role and responsibilities
Assumed the role and responsibilities of an Independent Director, Chairman of the Audit and Risk Committee and a member of the Nominating Committee and the Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
UE E & C Ltd
MFS Technology Ltd
Present
RH Petrogas Limited
SHRI Corporation Pte Ltd
SHRI Academy Pte Ltd