News
Change - Announcement of Cessation :: Cessation of Executive Director
BackApr 24, 2014
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation of Executive Director |
| Securities | HOCK LIAN SENG HOLDINGS LTD (HOCKLS) |
| Date & Time of Broadcast | Apr 24, 2014 18:03 |
| Submitted By | Chew Kok Liang Company Secretary |
| Description | This announcement is in relation to retirement of Mr Lim Peng Kiat as Executive Director of Hock Lian Seng Holdings Limited. |
| Cessation Details | |
| Name of person | Lim Peng Kiat |
| Age | 60 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Apr 24, 2014 |
| Detailed reason(s) for cessation | Mr Lim has decided not to seek for re-election in the Annual General Meeting, he remains as the Group General Manager. |
| 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 | Sep 15, 2009 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this 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 | |
| Job Title | Executive Director |
| Role and responsibilities | Mr Lim is responsible for identifying, reviewing and bidding for potential construction projects and day-to-day operation of the organization including managing contractual, technical and project operation matters. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Nil |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | 11,674,221 shares |
| Other directorships | |
| Past (for the last 5 years) | Lian Seng Investment Pte Ltd, Target Property (S) Pte Ltd, Ban Leong Hin Pte Ltd. |
| Present | Hock Lian Seng Properties Pte Ltd, HLS Development Pte Ltd, Hock Lian Seng Infrastructure Pte Ltd. |