Change - Announcement of Cessation::Stepping down of Chief Executive Officer, Taxi Business
Issuer & Securities
COMFORTDELGRO CORPORATION LIMITED
COMFORTDELGRO CORPORATION LTD - SG1N31909426 - C52
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Stepping down of Chief Executive Officer, Taxi Business
Submitted By (Co./ Ind. Name)
Chan Wan Tak, Wendy
Description (Please provide a detailed description of the event in the box below)
Mr Yang Ban Seng stepped down as Chief Executive Officer, Taxi Business.
Name Of Person
Yang Ban Seng
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Yang Ban Seng stepped down as Chief Executive Officer, Taxi Business following his appointment as Managing Director/Group Chief Executive Officer of the Company on 1 May 2017.
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.)
CEO, Taxi Business
Role and responsibilities
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?
ComfortDelGro Corporation Limited
- 157,168 shares
- 18,185 shares (deemed interest in shares held by wife)
- 660,000 share options
Past (for the last 5 years)
- ComfortDelGro Corporation Limited * and Group of Companies
- SBS Transit Ltd*
- VICOM Ltd*
* Public listed on the Mainboard of the Singapore Exchange Securities Trading Limited