See Hup Seng
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Change - Announcement Of Cessation Of Key Management Executive
BackMay 12, 2015
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Announcement of Cessation of Key Management Executive |
| Securities | SHS HOLDINGS LTD. (SHSHLDG) |
| Date & Time of Broadcast | May 12, 2015 19:55 |
| Submitted By | Ng Han Kok Group Chief Executive Officer |
| Description | Cessation of Key Management Executive |
| Cessation Details | |
| Name of person | Lim Siok Kwee, Thomas |
| Age | 67 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Aug 11, 2015 |
| Detailed reason(s) for cessation | Resignation for personal reasons and desire to seek retirement from full time work. |
| 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? | Yes |
| If yes, please provide full details | Mr Thomas will remain as adviser to the Company for corrossion prevention business for one year after his retirement. |
| Date of appointment to current position | Jul 22, 2013 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| Number of independent directors currently resident in Singapore (taking this 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 | 3 |
| Job Title | Executive Chairman and Director of subsidiaries. |
| Role and responsibilities | Executive. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Father of Mr Lim Peng Chuan Terence, a substantial shareholder of the Company. |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | 3,470,575 ordinary shares(direct interest) and 350,000 ordinary shares (deemed interest) in the Company. |
| Other directorships | |
| Past (for the last 5 years) | None |
| Present | SHS Special Coating Pte Ltd SHS System Pte Ltd SHS Offshore Pte Ltd Gardella Singapore Coating Pte Ltd Lesoon Equipment Pte Ltd Speedo Corrosion Control Pte Ltd TAT Petroleum Pte Ltd Speedlock Equipment Sdn Bhd Gardella Coating Philippines, Inc Guangzhou City South Special Coating Limited See Hup Seng CP Pte Ltd Axxmo International Pte Ltd Hetat Holdngs Pte Ltd TAT Petroleum Trading Pte Ltd Hetat Construction Pte Ltd Hetat Pte Ltd |