Change - Announcement of Cessation::Retirement of Non-Executive and Non-Independent Director

Issuer & Securities

Issuer/ Manager
UNITED ENGINEERS LIMITED
Securities
UNITED ENGINEERS LTD ORD - SG1K25001639 - U04

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2014 17:05:01
Status
New
Announcement Sub Title
Retirement of Non-Executive and Non-Independent Director
Announcement Reference
SG140425OTHROBDW
Submitted By (Co./ Ind. Name)
Heng Fook Pyng, Jeslyn
Designation
Company Secretary
Effective Date and Time of the event
25/04/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Jackson Chevalier Yap Kit Siong as a Non-Executive and Non-Independent Director.

Additional Details

Name Of Person
Jackson Chevalier Yap Kit Siong
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2014
Detailed Reason (s) for cessation
Mr Yap retired pursuant to Article 99 of the Company's Articles of Association at the 100th Annual General Meeting held on 25 April 2014 and did not offer himself for re-appointment.
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
24/11/1999
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
He is a Non-Executive and Non-Independent Director and also a member of the Executive Committee.
Role and responsibilities
Duties of Non-Executive 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
United Engineers Limited
1,536,000 Ordinary Stock Units; 503,407 Unexercised Options;

UE E&C Ltd.
100,000 Ordinary Shares;

MFS Technology Ltd
75,000 Ordinary Shares
Past (for the last 5 years)
Please see attached.
Present
Please see attached.

Attachments

JYPastnPresentDirship.pdf
Total size =15K