Change - Announcement of Cessation::THE BOARD & MANAGEMENT OF SIA ENGINEERING COMPANY THANK MR WILLIAM TAN SENG KOON
Issuer & Securities
SIA ENGINEERING COMPANY LIMITED
SIA ENGINEERING CO LTD - SG1I53882771 - S59
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
THE BOARD & MANAGEMENT OF SIA ENGINEERING COMPANY THANK MR WILLIAM TAN SENG KOON
Submitted By (Co./ Ind. Name)
Devika Rani Davar
Description (Please provide a detailed description of the event in the box below)
Please see attached file.
Name Of Person
Mr Tan Seng Koon William
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Relinquishment of Directorship of SIA Engineering Company Limited ("SIAEC") with effect from 1 April 2015, following his retirement as Chief Executive Officer of SIAEC on the same day.
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 and Chief Executive Officer
Role and responsibilities
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
471,994 ordinary shares of SIAEC
135,928 SIAEC Restricted Share Plan ("RSP") conditional awards (Base Awards)
17,065 SIAEC RSP final awards pending release
134,210 SIAEC Performance Share Plan ("PSP") conditional awards (Base Awards)
262,200 SIAEC share options
Past (for the last 5 years)
Singapore JAMCO Pte Ltd, Chairman
1. SIA Engineering (Philippines) Corporation, Chairman
2. Eagle Services Asia Pte Ltd, Deputy Chairman
3. Singapore Aero Engine Services Pte Ltd, Deputy Chairman
4. JAMCO Singapore Pte Ltd, Director
5. SIAEC Global Pte Ltd, Director
Total size =34K