Change - Announcement of Cessation::Cessation of Executive Officer

Issuer & Securities

Issuer/ Manager
PEC LTD.
Securities
PEC LTD. - SG1Y45946619 - IX2
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Jan-2018 18:07:31
Status
New
Announcement Sub Title
Cessation of Executive Officer
Announcement Reference
SG180131OTHRQX5V
Submitted By (Co./ Ind. Name)
Edna Ko Poh Thim
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Please see below.

Additional Details

Name Of Person
Chee Kok Shine
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2018
Detailed Reason (s) for cessation
Mr Chee Kok Shine will be re-designated as an Advisor and hence, ceased as an Executive Officer of the Company due to the change in his job scope.
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
01/04/2008
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Senior Director, Tender and Proposal.
Role and responsibilities
Tender and proposal for PEC Group of companies.
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
45,220 ordinary shares (Direct interest)
Past (for the last 5 years)
PEC (Malaysia) Sdn Bhd, Director
Present
Nil.