| Announcement of Cessation of Non-Executive Director | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | NEPTUNE ORIENT LINES LIMITED |
| Company Registration No. | 196800632D |
| Announcement submitted on behalf of | NEPTUNE ORIENT LINES LIMITED |
| Announcement is submitted with respect to * | NEPTUNE ORIENT LINES LIMITED |
| Announcement is submitted by * | Looi Lee Hwa (Ms) & Wong Kim Wah (Ms) |
| Designation * | Company Secretaries |
| Date & Time of Broacast | 11-Apr-2012 19:08:05 |
| Announcement No. | 00206 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Name * | Bobby Chin Yoke Choong |
| Age * | 60 |
| Is Effective Date of Cessation known? * | Yes |
| Effective Date of Resignation | 11/04/2012 |
| Detailed Reason(s) for cessation * | Retirement as Non-Executive Director |
| 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 |
| Date of Appointment to current position * | 26/12/2006 |
| Job Title * | Non-Executive Director |
| Role and responsibilities * | 1. Chairman of NOL Nominating Committee 2. Member of NOL Audit Committee |
| 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 resignation) * | 5 Directors (1. Christopher Lau Loke Sam 2. Tan Puay Chiang 3. Jeanette Wong Kai Yuan 4. Low Check Kian 5. Olivier Lim Tse Ghow) |
| Number of Cessations of persons specified in Rule 704(7) of the Listing Manual over the past 12 months * | 3 Directors (Dr Friedbert Malt, Simon Claude Israel and Ronald Dean Widdows) |
| Shareholding in the listed issuer and its subsidiaries * | 29,489 ordinary shares (deemed interest) in the capital of the Company |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * | Nil |
| >> Other Directorship # | |
| # These fields are not applicable for announcements of appointments pursuant to Rule 704(9) | |
| Past (for the last five years) * | Singapore - Neptune Orient Lines Limited - Singapore Academy of Law Audit Committee - The Singapore Chinese Chamber of Commerce & Industry - The Straits Trading Company Limited - Singapore Management University - Stamford Land Corporation Ltd |
| Present * | Australia - AV Jennings Limited Singapore - Competition Commission of Singapore - Council of Presidential Advisers (CPA) - Frasers Centrepoint Asset Management Ltd - Ho Bee Investment Ltd - Oversea-Chinese Banking Corporation Limited - Sembcorp Industries Ltd - Singapore Power Limited - Singapore Cooperation Enterprise - Singapore Labour Foundation - Singapore Indian Development Association - Signapore Totalisator Board - Y C Chin Investment Pte Ltd - Yeo Hiap Seng Ltd |
| Footnotes | The current AC members are: 1. Christopher Lau Loke Sam 2. Tan Puay Chiang 3. Jeanette Wong Kai Yuan |
© 2012 SGX News
