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Announcement Of Cessation As Chief Financial Officer

BackSep 16, 2013
Resignation Details
Name Of Person Tay Lai Wat
Age 56
Is Effective Date Of Cessation Known? Yes
Effective Date Of Cessation 16/09/2013
Detailed Reason(s) for Cessation As part of the Group's succession planning, Ms Chua Siew Hwi has been appointed Chief Financial Officer ("CFO"). The current Chief Operating Officer ("COO") and CFO, Mr Tay Lai Wat will relinquish his CFO role, and continue as COO. Ms Chua has been understudying the CFO portfolio, since June 2013.
Is there any difference of opinion on material matters between the person and the Board of directors? No
If yes, please elaborate NA
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
If yes, please elaborate NA
Any other relevant information to be provided to shareholders of the listed issuer? No
If yes, please elaborate NA
Date of Appointment to current position 01/07/1997
Job Title Chief Financial Officer
Role and Responsibilities Executive appointment with oversight in finance, treasury, risk management, investor relations and corporate communications functions.
Does the AC have a minimum of 3 members (taking into account this resignation)? Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation) 3
Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months 0
Shareholding in the listed issuer and its subsidiaries None
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries None
Other Directorship
Past Directorship (for the last five years) Please refer to the attachment.
Present Directorship Please refer to the attachment.


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