INVESTOR RELATIONS
Newsroom
31 Jul 2015
Change - Announcement Of Cessation Of Executive Director Of The Company
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | CESSATION OF EXECUTIVE DIRECTOR OF THE COMPANY |
| Securities | OKH GLOBAL LTD. (OKHGLOB) |
| Date & Time of Broadcast | Jul 31, 2015 18:24 |
| Submitted By | BON WEEN FOONG EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER |
| Description | Mr Lam Wee Yeow has on 31 July 2015 ceased to be an Executive Director of the Company. |
| Cessation Details | |
| Name of person | LAM WEE YEOW |
| Age | 39 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Jul 31, 2015 |
| Detailed reason(s) for cessation | To take on new role as Director overseeing the current portfolio of projects and upcoming projects of Pan Asia Logistics Investments Holdings Pte. Ltd., an associate company of the Company |
| 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 | Apr 22, 2013 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this account this cessation) | 3 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 2 |
| Job Title | Executive Director |
| Role and responsibilities | Mr Lam Wee Yeow is responsible for the day-to-day project supervision, safety and coordination of the Group projects to ensure timely progress and delivery. He is also involved in the feasibility studies of new projects which includes due diligence, budgeting, timeline estimates, review and evaluate contract documents and other related work. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | NA |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | NIL |
| Present | NIL |