Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
OVERSEA-CHINESE BANKING CORPORATION LIMITED
Securities
OVERSEA-CHINESE BANKING CORP - SG1S04926220 - O39
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Jun-2017 17:23:57
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG170630OTHRX3BW
Submitted By (Co./ Ind. Name)
Sherri Liew
Designation
Assistant Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director

Additional Details

Name Of Person
Teh Kok Peng
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2017
Detailed Reason (s) for cessation
Dr Teh Kok Peng has decided to step down from the OCBC Board because of commitments in his other appointments.
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
01/08/2011
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)
6
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.)
Member of Remuneration Committee
Role and responsibilities
Independent Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
508,268 OCBC ordinary shares
Past (for the last 5 years)
Ascendas Pte Ltd
GIC Special Investments Pte Ltd
Present
Astrea III Pte Ltd
Azalea Asset Management Pte Ltd
Dwell Capital Ltd
Fullerton Health Corporation Ltd
Lu International (Singapore) Financial Asset Exchange Pte Ltd
Sembcorp Industries Ltd
Taikang Life Insurance Co Ltd, China