Change - Announcement of Cessation::Cessation of Appointment as Group Chief Financial Officer

Issuer & Securities

Issuer/ Manager
NEPTUNE ORIENT LINES LIMITED
Securities
NEPTUNE ORIENT LINES LIMITED - SG1F90001388 - N03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Jun-2016 19:12:16
Status
New
Announcement Sub Title
Cessation of Appointment as Group Chief Financial Officer
Announcement Reference
SG160614OTHRG2WM
Submitted By (Co./ Ind. Name)
Looi Lee Hwa (Ms) & Wong Kim Wah (Ms)
Designation
Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Cessation of Appointment as Group Chief Financial Officer

Additional Details

Name Of Person
Cedric Foo Chee Keng
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
14/06/2016
Detailed Reason (s) for cessation
Replaced by Mr Serge Corbel following the change of control of NOL pursuant to the Voluntary General Offer by CMA CGM S.A.
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
01/01/2007
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
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Not Applicable
Role and responsibilities
Not Applicable
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
1,063,322 shares
Past (for the last 5 years)
Nil
Present
(1) American President Lines, Ltd (United States)
(2) Eagle Marine Terminal Holdings Pte Ltd (Singapore)
(3) NOL Global Shared Service Centre Pte. Ltd. (Singapore)
(4) Triton Shipping Pte. Ltd. (Singapore)
(5) First Logistics Development (JV) Company (Vietnam)