Change - Announcement of Cessation::Cessation of Director - Mr Tan Tong Guan

Issuer & Securities

Issuer/ Manager
SING INVESTMENTS & FINANCE LIMITED
Securities
SING INVESTMENTS & FINANCE LTD - SG1S02002305 - S35

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Apr-2014 09:38:58
Status
New
Announcement Sub Title
Cessation of Director - Mr Tan Tong Guan
Announcement Reference
SG140422OTHRCEJN
Submitted By (Co./ Ind. Name)
Chan Kum Kit
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Tan Tong Guan as Independent Director who is Audit Committee Chairman and Nominating Committee member.

Additional Details

Name Of Person
Mr Tan Tong Guan
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
22/04/2014
Detailed Reason (s) for cessation
Mr Tan Tong Guan, having served as a Director of Sing Investments & Finance Limited for 9 years, is retiring as Director. He is not seeking re-appointment and shall cease to be a Director at the conclusion of the Annual General Meeting on 22 April 2014.
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
25/04/2005
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of Audit Committee and a member of Nominating Committee.
Role and responsibilities
Role of Lead Independent Director and Chairman of Audit Committee as well as member of Nominating Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Holdings in Sing Investments & Finance Limited:-

Direct interest: 152,310 shares
Deemed interest: 1,785,150 shares
Past (for the last 5 years)
Please see the attached file.
Present
Please see the attached file.

Attachments

Tan Tong Guan Other Directorships.pdf
Total size =41K