| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Retirement of Independent Non-Executive Director |
| Securities | SINGAPORE SHIPPING CORP LTD (SPSHIPG) |
| Date & Time of Broadcast | Jul 28, 2017 18:21 |
| Submitted By | Lee Li Huang Chief Financial Officer and Company Secretary |
| Description | Retirement of Mr Tan Guong Ching as Independent Non-Executive Director, Lead Independent Director, Chairman of Audit and Risk Management Committee, a Member of Nominating and Remuneration Committees at the Annual General Meeting of the Company held on 28 July 2017 |
| Cessation Details | |
| Name of person | Tan Guong Ching |
| Age | 70 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Jul 28, 2017 |
| Detailed reason(s) for cessation | Mr Tan Guong Ching who retired pursuant to Article 91 of the Constitution of the Company, did not seek for re-election and retired as Independent Non-Executive Director of the Company at the conclusion of the Annual General Meeting held on 28 July 2017 |
| 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 | Jul 30, 2008 |
| 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 | 1 |
| Job Title | Independent Non-Executive Director, Lead ID, Chairman of Audit and Risk Management Committee, a Member of Nominating and Remuneration Committees |
| Role and responsibilities | Assumed the roles and responsibilities of Independent Non-Executive Director, Lead Independent Director, Chairman of Audit and Risk Management Committee, a Member of Nominating and Remuneration Committees |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | None |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | Petris Global Limited Temasek Life Science Ventures Private Limited Temasek Life Science Laboratory Limited Joil (S) Pte Ltd IP Academy Emerald Communications (Cayman) SPC Singapore Pools (Private) Limited Starhub Ltd Singapore Technologies Aerospace Ltd Cambridge Industrial Trust Management Limited Cambridge-MTN Pte Ltd Cambridge SPV2 Pte. Ltd. STT GDC Pte. Ltd. |
| Present | Singapore Technologies Telemedia Pte Ltd STT Communication Ltd Frasers Centrepoint Asset Management (Commercial) Ltd Asia Mobile Holding Company Pte Ltd Asia Mobile Holdings Pte Ltd Singapore Millennium Foundation Limited |