Change - Announcement of Cessation::Cessation of Appointment as Chief Financial Officer
Issuer & Securities
SBS TRANSIT LTD
SBS TRANSIT LTD - SG1F58858209 - S61
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Cessation of Appointment as Chief Financial Officer
Submitted By (Co./ Ind. Name)
Chan Wan Tak, Wendy
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Ms Evelyn Tan Poh Choo shall cease her appointment and will be succeeded by Ms Chew Kum Ee.
Name Of Person
Evelyn Tan Poh Choo
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Ms Evelyn Tan Poh Choo was appointed as Chief Financial Officer of SBS Transit Group on 7 October 2014. She holds a concurrent position as Senior Vice President (SVP), Group Finance, at ComfortDelGro Corporation Limited (the parent company of SBS Transit Ltd) where she is the Head of Treasury for ComfortDelGro Group. With effect from 11 May 2018, she will be returning to ComfortDelGro Corporation Limited as SVP, Group Finance where she will continue as Head of Treasury as well as take on other responsibilities at ComfortDelGro Group.
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.)
Chief Financial Officer
Role and responsibilities
In charge of SBS Transit's finance functions and responsible for overseeing the accounting, financial and statutory reporting, budgeting, treasury, taxation and compliance.
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?
10,500 ordinary shares in SBS Transit Ltd
Past (for the last 5 years)