Change - Announcement of Cessation::Cessation of Chairman and Non-Executive Director

Issuer & Securities

Issuer/ Manager
TRIYARDS HOLDINGS LIMITED
Securities
TRIYARDS HOLDINGS LIMITED - SG2F20985956 - RC5
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Apr-2015 18:06:28
Status
New
Announcement Sub Title
Cessation of Chairman and Non-Executive Director
Announcement Reference
SG150430OTHR44SI
Submitted By (Co./ Ind. Name)
Yeo Keng Nien
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr. Lee Chye Tek Lionel as Chairman and Non-Executive Director of the Company.

Additional Details

Name Of Person
Lee Chye Tek Lionel
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
01/05/2015
Detailed Reason (s) for cessation
To focus on the Subsea business (outside Triyards' Group) and to facilitate the execution of the Company's intended strategies and business model.
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
31/08/2012
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)
2
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.)
Chairman and Non-Executive Director.
Role and responsibilities
As above.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr. Lee Chye Tek Lionel is the Group CEO and Managing Director of Ezra Holdings Limited, a substantial shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Triyards Holdings Limited:
1) Direct - 18,479,038 ordinary shares
2) Deemed - 201,302,827 ordinary shares
Past (for the last 5 years)
Please refer to Appendix B.
Present
Please refer to Appendix A.

Attachments

Lionel-Appendix A-Present-Directorships.pdf
Lionel-Appendix B-Past-Directorships.pdf
Total size =129K