Change - Announcement of Cessation::Cessation of Chief Executive Officer, Non-Alcoholic Beverages

Issuer & Securities

Issuer/ Manager
FRASER AND NEAVE LIMITED.
Securities
FRASER AND NEAVE, LIMITED - SG1T58930911 - F99
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Jan-2022 12:57:45
Status
New
Announcement Sub Title
Cessation of Chief Executive Officer, Non-Alcoholic Beverages
Announcement Reference
SG220131OTHRXUXO
Submitted By (Co./ Ind. Name)
Hui Choon Kit
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Executive Officer, Non-Alcoholic Beverages

Additional Details

Name Of Person
Lee Meng Tat
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
31/01/2022
Detailed Reason (s) for cessation
Mr Lee Meng Tat will be retiring at the end of 31 January 2022. Please refer to the attached press release for more information.
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
01/05/2015
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.)
Chief Executive Officer, Non-Alcoholic Beverages
Role and responsibilities
To oversee and drive the growth strategies of the Group's non-alcoholic beverages business, which has operations and investments in Indonesia, Malaysia, Myanmar, Singapore, Thailand and Vietnam.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Lee holds
- 273,342 ordinary shares in the Company and
- 19,725 awards under the F&N Restricted Share Plan ("RSP") and 43,267 awards under the F&N Restricted Share Plan 2019 ("RSP 2019").
Past (for the last 5 years)
Please see Attachment A.
Present
Please see Attachment A.

Attachments

Att A - LMT directorships.pdf
Press Release - FN Announces Planned Leadership Changes.pdf
Total size =263K