Change - Announcement Of Cessation :: Cessation Of Non-Executive And Non-Independent Director

BackApr 28, 2020
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Apr 28, 2020 12:15
Status New
Announcement Sub Title Cessation of Non-Executive and Non-Independent Director
Announcement Reference SG200428OTHRS3M4
Submitted By (Co./ Ind. Name) Tan Yah Sze
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Mr Neil McGregor will retire as a director of the Company at the conclusion of the Annual General Meeting to be held on 20 May 2020. He is not seeking re-election at the Annual General Meeting.
Additional Details
Name Of Person Neil McGregor
Age 65
Is effective date of cessation known? Yes
If yes, please provide the date 20/05/2020
Detailed Reason (s) for cessation Mr Neil McGregor will retire as a director of the Company at the conclusion of the Annual General Meeting to be held on 20 May 2020. He is not seeking re-election at the Annual General Meeting.
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 20/04/2017
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) 7
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Mr Neil McGregor is a non-executive and non-independent director. He is also a member of the Executive Committee.
Role and responsibilities Non-executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries Nil.
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details Mr McGregor is the holder of 15,700 ordinary shares of Sembcorp Marine Ltd.
Past (for the last 5 years) 1. Certis Cisco Security Pte Ltd
2. Singapore LNG Corporation Pte Ltd
3. Clifford Capital Pte Ltd
4. Sembcorp Fuels (Singapore) Pte Ltd
Present 1. Sembcorp Utilities Pte Ltd
2. Sembcorp Development Pte Ltd
3. Sembcorp Environment Pte Ltd
4. Sembcorp Properties Pte Ltd
5. Sembcorp Gas Pte Ltd
6. Sembcorp Cogen Pte Ltd
7. Sembcorp Energy Vietnam Pte Ltd
8. Sembcorp Fuels Pte Ltd
9. Sembcorp Industries Ltd
10. Oil Tanking Seraya Private Limited
11. Singapore-Sichuan Investments Holdings Pte Ltd