Change - Announcement Of Cessation As Chief Operating Officer
16 Apr 2021
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 16, 2021 17:27 |
| Status | New |
| Announcement Sub Title | CESSATION AS CHIEF OPERATING OFFICER |
| Announcement Reference | SG210416OTHROCMM |
| Submitted By (Co./ Ind. Name) | Lim Ah Cheng |
| Designation | Executive Director and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | CESSATION AS CHIEF OPERATING OFFICER |
| Additional Details | |
| Name Of Person | Lim Tjew Yok |
| Age | 62 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/04/2021 |
| Detailed Reason (s) for cessation | Mr Lim is retiring as Director at the forthcoming Annual General Meeting of the Company to be held on 29 April 2021 and will resign as Chief Operating Officer on 30 April 2021. |
| 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 | 08/02/2011 |
| 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) | 4 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Director and Chief Operating Officer. |
| Role and responsibilities | As Chief Operating Officer, Mr Lim is responsible for Operations and Planning, Quality Assurance & Quality Control, Group Information Technology, Engineering and Overseas Project Management in Shanghai & Philippines. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Uncle of Ms Lim Rui Ping (Director) Brother-in-law of Mr Teo Boon Hwee (Chief Marketing Officer and alternate director to Ms Lim Rui Ping) |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | 2,000,000 shares |
| Past (for the last 5 years) | N.A. |
| Present | Dyna-Mac Holdings Ltd. Dyna-Mac Keppel Philippines Inc DM-CMHI Offshore Engineering (Jiangsu) Co Ltd |