Announcement Title | Change - Announcement of Cessation |
Date & Time of Broadcast | Mar 1, 2023 18:50 |
Status | New |
Announcement Sub Title | Cessation as Deputy Chief Executive Officer - Tan T'eng Ta' |
Announcement Reference | SG230301OTHRCNL8 |
Submitted By (Co./ Ind. Name) | Ng Kah Poh, Joanna |
Designation | Chief Financial Officer and Company Secretary |
Description (Please provide a detailed description of the event in the box below) | Cessation of Mr Tan T'eng Ta' as Deputy Chief Executive officer of the Company. |
Additional Details | |
Name Of Person | Tan T'eng Ta' |
Age | 50 |
Is effective date of cessation known? | Yes |
If yes, please provide the date | 02/04/2023 |
Detailed Reason (s) for cessation | Mr Tan T'eng Ta' ("Mr Benedict Tan") had tendered his resignation as the Deputy Chief Executive Officer of the Company to pursue other interests. Mr Benedict Tan is currently serving his notice period and his last day of employment is on 2 April 2023. He will work closely with the Board and management team to ensure an orderly and smooth transition. |
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 | 01/04/2021 |
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) | 2 |
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.) | Deputy Chief Executive Officer |
Role and responsibilities | Mr Benedict Tan supports the CEO in overseeing the corporate functions including Human Resource and I.T.. In addition to his corporate oversight role, he manages the business development and asset management functions of the Company, and heads the legal team as its Chief Legal Officer. |
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
Shareholding interest in the listed issuer and its subsidiaries? | No |
Past (for the last 5 years) | Directorships: - HSH Tanker Inc - Ow FC (40) Pte. Ltd. - Chatsworth (2001/19) Pte. Ltd. - RK International Leasing Pte. Ltd. - Ocean Rock Pte. Ltd. - Botanic Lodge (1987) Pte. Ltd Other Principal Commitments: Nil |
Present | Directorships: - HSH Contractors Pte Ltd - Singapore Wallcoverings Centre (Private) Limited - Sir Stamford Hotels & Resorts Pte Ltd - Stamford Holdings (Australia) Pte. Ltd. - Stamford Land (International) Pte Ltd - Stamford Land Management Pte Ltd - Voyager Travel Pte Ltd - Stamford Investments Pte. Ltd. - Stamford Holdings (International) Pte. Ltd. - Stamford Holdings (UK) Pte. Ltd. - Stamford FC (60) Pte. Ltd - Stamford Land Development (Singapore) Pte. Ltd. - Stamford Land Development 1 Pte. Ltd. - Dickensian Holdings Ltd - Stamford Mayfair Limited - Stamford Residences Sydney (2011) Ltd as Trustee for Stamford Residences Sydney (2011) Trust - Finsbury Circus (2019) Ltd. - SLC Campsie Pty Ltd - Stamford Brisbane Investments Pty Ltd - Stamford Hotels and Resorts Pty Limited - Stamford Hotels Pty Ltd - Stamford Plaza Sydney Management Pty Limited - Stamford Raffles Pty Ltd - Stamford Circular Quay Investments Pty Ltd - Stamford Hotel Management (NZ) Limited Other Principal Commitments: Nil |