Change - Announcement of Cessation::Retirement of Group President & Chief Executive Officer

Issuer & Securities

Issuer/ Manager
SEMBCORP INDUSTRIES LTD
Securities
SEMBCORP INDUSTRIES LTD - SG1R50925390 - U96
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Dec-2016 17:18:42
Status
New
Announcement Sub Title
Retirement of Group President & Chief Executive Officer
Announcement Reference
SG161220OTHRI1S0
Submitted By (Co./ Ind. Name)
Kwong Sook May
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Tang Kin Fei as Group President & Chief Executive Officer with effect from 31 March 2017.

Additional Details

Name Of Person
Tang Kin Fei
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2017
Detailed Reason (s) for cessation
Mr Tang Kin Fei will retire as the Group President & Chief Executive Officer of the Company with effect from 31 March 2017. Upon his retirement, Mr Tang stays on as Advisor and as a non-executive director on the board of Sembcorp Industries Ltd until 31 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?
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
01/05/2005
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)
7
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group President & Chief Executive Officer
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
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
To refer to Appendix 1
Past (for the last 5 years)
To refer to Appendix 2
Present
To refer to Appendix 2

Attachments