Change - Announcement of Cessation::Retirement of Chief Executive Officer and Executive Director

Issuer & Securities

Issuer/ Manager
BUKIT SEMBAWANG ESTATES LIMITED
Securities
BUKIT SEMBAWANG ESTATES LTD - SG1T88932077 - B61
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Aug-2019 21:53:18
Status
New
Announcement Sub Title
Retirement of Chief Executive Officer and Executive Director
Announcement Reference
SG190830OTHRUGM0
Submitted By (Co./ Ind. Name)
Ooi Chee Eng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Chief Executive Officer and Executive Director

Additional Details

Name Of Person
Ng Chee Seng
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
31/08/2019
Detailed Reason (s) for cessation
Mr Ng Chee Seng has completed his full term of office as per his employment contract and he has decided to retire from the Company.
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
19/04/2007
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)
3
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.)
Chief Executive Officer, Executive Director and a member of the Project Development Committee
Role and responsibilities
Executive. Responsible for the Company's main property business.
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?
Yes
Shareholding Details
Deemed interested in 24,000 shares in the Company
Past (for the last 5 years)
Nil
Present
Bukit Sembawang View Pte. Ltd.
Sembawang Estates (Private) Limited
Singapore United Estates (Private) Limited
Paterson Collection Pte. Ltd.
Paterson One Pte. Ltd.
BSEL Development Pte. Ltd.
Bukit Sembawang Land Pte. Ltd.
Bukit One Pte. Ltd.
Bukit Two Pte. Ltd.
Bukit Three Pte. Ltd.
Bukit Four Pte. Ltd.