Change - Announcement of Cessation::Retirement of Non-independent & Non-executive Director

Issuer & Securities

Issuer/ Manager
YEO HIAP SENG LTD
Securities
YEO HIAP SENG LTD - SG1I10878425 - Y03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Dec-2019 17:18:33
Status
New
Announcement Sub Title
Retirement of Non-independent & Non-executive Director
Announcement Reference
SG191213OTHRLXNZ
Submitted By (Co./ Ind. Name)
Winston Paul Wong Chi Huang
Designation
General Counsel & Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Fong Chun Man Kenneth as Non-independent & Non-executive Director of the Company.

Additional Details

Name Of Person
Fong Chun Man Kenneth
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2019
Detailed Reason (s) for cessation
Mr Fong Chun Man Kenneth has retired as a Non-independent & Non-executive Director of the Company due to increasing demands on his time and attention from his other appointments.
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
01/07/2017
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)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-independent & Non-executive Director
Role and responsibilities
Non-independent & Non-executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Fong is the son-in-law of Mr Robert Ng Chee Siong, one of the beneficiaries of the Estate of the late Ng Teng Fong, a substantial shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
(1) Eminent Leader Limited (BVI)
(2) Eminent Dragon Limited (BVI)
(3) Wing Tai Liquor & Fruit Company Limited
(4) Telford (China) Company Limited
(5) Telford International Industries Limited
(6) Richmen Enterprises Limited
(7) Telford International Company Limited
(8) Fong's Logistics Limited
(9) Migo (HK) Ltd.
(10) Telford International Enterprise Limited
(11) Telford Macau Limited
(12) Jessop Management Limited (BVI)
(13) Allied Bottling Company Limited
(14) Telford Wine & Spirits (China) Limited
(15) Star Vision Int'l Ltd
(16) Fortune Hope International Limited
(17) Venmart International Limited