Change - Announcement of Cessation::Resignation of Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
HONG LEONG ASIA LTD.
Securities
HONG LEONG ASIA LTD. - SG1F76860344 - H22
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Dec-2018 18:42:42
Status
New
Announcement Sub Title
Resignation of Director and Chief Executive Officer
Announcement Reference
SG181210OTHRB9QW
Submitted By (Co./ Ind. Name)
Ng Siew Ping, Jaslin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Philip Ting Sii Tien @ Yao Sik Tien as a Director and Chief Executive Officer of the Company.

Additional Details

Name Of Person
Philip Ting Sii Tien @ Yao Sik Tien
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
06-Jan-2019
Detailed Reason (s) for cessation
Mr Ting resigned to pursue other interests.
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
14-Jan-2013
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director and Chief Executive Officer
Role and responsibilities
Overall responsible for the management and direction of the Group's business.
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
560,000 ordinary shares of Hong Leong Asia Ltd.
200,000 options to subscribe for ordinary shares under the Hong Leong Asia Share Option Scheme 2000
51,200 ordinary shares of Tasek Corporation Berhad
Past (for the last 5 years)
Please refer to Appendix A.
Present
Please refer to Appendix B.

Attachments