Change - Announcement of Cessation::Cessation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
STATS CHIPPAC LTD.
Securities
STATS CHIPPAC LTD - SG1I04877995 - S24

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Mar-2014 17:45:27
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
SG140328OTHRLO00
Submitted By (Co./ Ind. Name)
Janet T. Taylor
Designation
General Counsel and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. John Lau Tai Chong as Chief Financial Officer

Additional Details

Name Of Person
John Lau Tai Chong
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
03/04/2014
Detailed Reason (s) for cessation
To pursue other career opportunities. Other than as disclosed in this announcement, there are no other material reasons for the resignation of Mr. John Lau Tai Chong as Chief Financial of the Company
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
15/10/2007
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)
2
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.)
Senior Vice President, Chief Financial Officer
Role and responsibilities
Responsible for strategic and financial planning, controllership, tax planning and treasury
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
21,333 shares in STATS ChipPAC Ltd.
Past (for the last 5 years)
1. STATS ChipPAC (Thailand) Limited 2. STATS ChipPAC Services (Thailand) Limited
Present
NIL