Change - Announcement of Appointment::Re-Designation To Non-Independent And Non-Executive Director

Issuer & Securities

Issuer/ Manager
SINGAPORE AIRLINES LIMITED
Securities
SIA US$600M3.375%N290119 - XS2405871570 - VB9B
SIA S$700M3.13%N270823 - SG7FH2000005 - 7J1B
SIA S$500M3.5%N301202 - SGXF10397887 - HGGB
SIA US$500M3%N260720 - XS2284332769 - FJYB
SINGAPORE AIRLINES LTD - SG1V61937297 - C6L
SIA S$500M2.7%N360130 - SGXF40711164 - FJJB
SIA US$500M5.25%N340321 - XS2787854673 - 96HB
SIA CNY1.5B2.38%N310630 - HK0001319455 - GURB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
24-Jul-2026 18:18:40
Status
New
Announcement Sub Title
Re-Designation To Non-Independent And Non-Executive Director
Announcement Reference
SG260724OTHRGX1K
Submitted By (Co./ Ind. Name)
Brenton Wu
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Mr Simon Cheong Sae Peng was appointed a Director on the Board of Singapore Airlines Limited (the "Company") on 1 June 2017 as an Independent and Non-Executive Director. Mr Cheong has been re-designated as a Non-Independent and Non-Executive Director upon the conclusion of the Fifty-Fourth Annual General Meeting ("AGM") of the Company held on 24 July 2026 pursuant to Rule 210(5)(d)(iv) of the SGX-ST Listing Manual. Following his re-designation, Mr Cheong stepped down as a member of the Board Compensation and Industrial Relations Committee but remains as Chairman of the Customer Experience,Technology and Sustainability Committee.



Additional Details

Date of appointment
01/06/2017
Name of person
Simon Cheong Sae Peng
Age
69
Country of principal residence
Singapore
Date of last re-appointment (if applicable)
29/07/2024
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board and the Board Nominating Committee ("NC") are of the view that Mr Cheong will continue to make valuable contributions to the Board's effectiveness, notwithstanding that he is no longer regarded as an Independent Director under the SGX Listing Rules after the AGM. In recommending Mr Cheong's continued appointment as a Non-Independent and Non-Executive Director, the NC considered his relevant expertise, institutional knowledge, committee leadership, and the multi-year continuity he provides in oversight of key areas, including as Chairman of the Customer Experience, Technology and Sustainability Committee, as well as strategic counsel on customer experience and sustainability. His Chairmanship of SC Global Developments Pte Ltd, a leading luxury high-end residential developer in Singapore of which he is the Founder, and decades of experience in real estate, banking and international finance enable him to contribute to this Committee and the Board specifically in the areas of lifestyle preferences of premium customers, banking and international finance. Mr Cheong's experience and insights complement the Board's collective skills and diversity. His continued service and institutional knowledge also support orderly succession and knowledge transfer as part of the ongoing refreshment and renewal process of the Board.
Whether appointment is executive, and if so, the area of responsibility
The appointment is Non-Executive
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent and Non-Executive Director
Chairman of Customer Experience,Technology and Sustainability Committee
Professional qualifications
Master of Business Administration in Finance and Investments,
George Washington University, United States of America
Bachelor of Science in Civil Engineering,
University of Washington, United States of America
Working experience and occupation(s) during the past 10 years
Mr Cheong is the Founder and Chairman of SC Global Developments Pte Ltd, a leading luxury high-end residential developer in Singapore. He has more than 44 years of experience in real estate, banking, and international finance. Mr Cheong established SC Global in 1996 as a real estate and hotel advisory and direct investment group, specialising in structuring large and complex transactions worldwide. He was also the Chairman and majority shareholder of AVJennings Limited. Mr Cheong was with Citibank (Singapore) as Head of Real Estate Finance for Singapore and with Credit Suisse First Boston as Regional Real Estate Head for Asia.

Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
69,575 Ordinary Shares of Singapore Airlines LImited
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Conflict of interest (including any competing business)
No
Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer
Yes
Other Principal Commitments* Including Directorships#
* "Principal Commitments" has the same meaning as defined in the Code of Corporate Governance.
# These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8).
Past (for the last 5 years)
Chairman:
AVJennings Limited
Present
Founder and Chairman:
SC Global Developments Pte. Ltd.

Director:
Cheong SP Holdings Pte Ltd
MYK Holdings Pte. Ltd.
Information Required
Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is "yes", full details must be given.
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of:-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere,
in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Disclosure applicable to the appointment of director only.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If yes, please provide details of prior experience.
Not applicable