Change - Announcement Of Cessation As Chief Marketing Officer
BackJun 30, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jun 30, 2023 17:20 |
| Status | New |
| Announcement Sub Title | Cessation as Chief Marketing Officer |
| Announcement Reference | SG230630OTHRES5Q |
| Submitted By (Co./ Ind. Name) | Lim Ah Cheng |
| Designation | Executive Chairman and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Teo Boon Hwee as Chief Marketing Officer |
| Additional Details | |
| Name Of Person | Teo Boon Hwee |
| Age | 66 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/06/2023 |
| Detailed Reason (s) for cessation | Teo Boon Hwee retires as Chief Marketing Officer. |
| 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 | 10/05/2011 |
| 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) | 2 |
| 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.) | Chief Marketing Officer |
| Role and responsibilities | Executive. Responsible for overseeing Marketing, including Contracts, Estimation and Analysis, Tender and Proposals, overseas projects in China for Commercial and business development. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Uncle to Lim Rui Ping (Non-Executive Director) and spouse of Lim Lie Tjing @ Lim Lee Cheng, Joint Executor of the Estate of Lim Tze Jong, Deceased (Substantial Shareholder). |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | Director Interest : 22,388,800 shares Deemed Interest : 41,777,600 shares |
| Past (for the last 5 years) | Dyna-Mac Engineering Services Pte Ltd Dyna-Mac Offshore Services Pte Ltd Dyna-Mac Engineering (HK) Pte Limited DMP Marine Fabricator (Nansha) Co. Ltd. PT. Dynamac Jaya Utama (Commissioner) PT. Dynamac Fabrication Services (Commissioner) |
| Present | EcoEnviro International (S) Pte Ltd Enviro Engineers Pte Ltd Eco EnviroSolutions Corp. |
