Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF NON-INDEPENDENT AND NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
COSCO CORPORATION (SINGAPORE) LIMITED
Securities
COSCO CORPORATION (S) LTD - SG1S76928401 - F83

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Jul-2014 17:13:57
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF NON-INDEPENDENT AND NON-EXECUTIVE DIRECTOR
Announcement Reference
SG140708OTHROUUW
Submitted By (Co./ Ind. Name)
Wu Zi Heng
Designation
Vice Chairman and President
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Non-Independent and Non-Executive Director.

Additional Details

Name Of Person
Wang Hai Min
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
08/07/2014
Detailed Reason (s) for cessation
Rotation of key management talent by the COSCO Group among its business unit.
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
02/08/2010
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent and Non-Executive Director
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NA
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
(1) COSCO Container Line Agencies Ltd (2) Co Heung Shipping Co., Ltd (3) Anhui Ocean Shipping Co., Ltd (4) COSCO Europe GmbH (5) China Ocean Shipping Company Americas, Inc (6) Chinese-Tanzanian Joint Shipping Company (7) China COSCO Bulk Shipping (Group) Company Ltd (8) COSCO Container Lines Company Ltd
Present
(1) COSCO (Hong Kong) Group Ltd (2) COSCO Pacific Limited