Change - Announcement of Cessation::Re-designation of Lin Yan as Group HSE Director

Issuer & Securities

Issuer/ Manager
MUN SIONG ENGINEERING LIMITED
Securities
MUN SIONG ENGINEERING LIMITED - SG2C34962861 - MF6
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Mar-2016 18:19:18
Status
New
Announcement Sub Title
Re-designation of Lin Yan as Group HSE Director
Announcement Reference
SG160315OTHRTTA0
Submitted By (Co./ Ind. Name)
Seah Hai Yang
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Lin Yan as an Executive Director and Appointment of Lin Yan as Group HSE Director.
Lin Yan will continue to serve as an Executive Director of our wholly-owned subsidiary, OHM Engineering Pte Ltd ("OHM Engineering").

As safety performance is of utmost importance to the Group, continuous independent review and improvement is instrumental in realising our Group's corporate values. After considering multiple external alternatives, the Board of Directors, in concurrence with the Audit Committee, resolved to appoint Lin Yan as our Group HSE Director. Through Lin Yan's leadership, OHM Engineering has achieved three consecutive years of silver awards for Work Safety and Health and thus this stands him out as the ideal person to lead and drive the Group's performance and various initiatives in the spectrum of Health, Safety and Environmental.

In order to achieve the independence accorded to this function, on the recommendation of the Audit Committee, Lin Yan will relinquish his role as an Executive Director in the Company prior to assuming the function of Group HSE Director.

As Lin Yan will also continue to serve as an Executive Director of OHM Engineering, the review of its safety procedures will be carried out together by its other executive directors and key officers.

Additional Details

Name Of Person
Lin Yan
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
15/03/2016
Detailed Reason (s) for cessation
Re-designation of portfolio and responsibilities. Lin Yan will assume the role of Group HSE Director to drive the Group's performance and various initiatives in the spectrum of Health, Safety and Environmental.

The Nominating Committee has also sought confirmation with Lin Yan and is satisfied that there are no disputes or disagreements between him and management of the Group over the aforesaid re-designation.
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
01/09/2015
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Management of the electrical and instrumentation business unit, and assist to oversee the Group s other operations.
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
7,266,000 ordinary shares
Past (for the last 5 years)
NIL
Present
Mun Siong Engineering Limited and its subsidiaries