Change - Announcement of Cessation::CESSATION OF NON-EXECUTIVE DIRECTOR
Issuer & Securities
SecuritiesSWEE HONG LIMITED - SG2E77981776 - QF6
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast02-Sep-2016 18:55:40
Announcement ReferenceSG160902OTHROLOD
Submitted By (Co./ Ind. Name)TAN SWEE GEK
Description (Please provide a detailed description of the event in the box below)CESSATION OF NON-EXECUTIVE DIRECTOR
Additional Details
Name Of PersonONG HOI LIAN
Is effective date of cessation known?Yes
If yes, please provide the date02/09/2016
Detailed Reason (s) for cessationTo refresh composition of the Board.
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 position05/01/2015
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)3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Non-Executive Director
Role and responsibilitiesNon-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesUncle of Mr Ong Hock Leong who is a substantial shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?Yes
Shareholding DetailsDirect - 23,054,070 ordinary shares
Deemed - 147,329,650 ordinary shares

Mr Ong Hoi Lian has holdings in SHEC Holdings Pte. Ltd. of not less than 20.0%. As such, he is deemed to have interest in the shares held by SHEC Holdings Pte. Ltd. pursuant to Section 7 of the Companies Act.
Past (for the last 5 years)Sun Hup Development Pte Ltd
Ong Swee Hong Holding (M) Sdn. Bhd.
PresentSHEC Holdings Pte. Ltd.
Singapore Lam Ann Association
Huihong Credit Pte Ltd