Dyna Mac : Change - Announcement Of Demise Of Chairman And Chief Executive Officer

Change - Announcement Of Demise Of Chairman And Chief Executive Officer

BackOct 29, 2019

Announcement Title	Change - Announcement of Cessation
Date & Time of Broadcast	Oct 29, 2019 18:05
Status	New
Announcement Sub Title	DEMISE OF CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Announcement Reference	SG191029OTHRF6QG
Submitted By (Co./ Ind. Name)	LIM TJEW YOK
Designation	EXECUTIVE DIRECTOR AND CHIEF OPERATING OFFICER
Description (Please provide a detailed description of the event in the box below)	DEMISE OF CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Additional Details
Name Of Person	LIM TZE JONG DESMOND
Age	61
Is effective date of cessation known?	Yes
If yes, please provide the date	26/10/2019
Detailed Reason (s) for cessation	DEMISE
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	19/06/2003
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)	4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months	0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)	Chairman and Chief Executive Officer
Role and responsibilities	Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries	Brother of Mr Lim Tjew Yok, Executive Director and Chief Operating Officer Brother-in-law of Mr Teo Boon Hwee, Chief Marketing Officer
Shareholding interest in the listed issuer and its subsidiaries?	Yes
Shareholding Details	417,776,000 ordinary shares
Past (for the last 5 years)	NA
Present	1. Dyna-Mac Engineering Services Pte Ltd 2. Dyna-Mac Engineering Services Sdn. Bhd. 3. Dyna-Mac Marine and Heavy Engineering Pte Ltd 4. Dyna-Mac Offshore Services Pte Ltd 5. Dyna-Mac Engineering (HK) Pte Limited 6. Jobel Holdings Private Limited 7. Prominent Land Pte. Ltd. 8. DMP Marine Fabricator (Nansha) Co. Ltd. 9. DM Jaya Utama Sdn. Bhd. 10. Prominent @Jervois Pte. Ltd. 11. Prominent Land Australia Pty. Ltd. 12. PT. Dynamac Jaya Utama 13. PT. Dynamac Fabrication Services 14. EcoEnviro International (S) Pte Ltd 15. PT Eco South East Asia 16. Eco SEA Co. Ltd 17. Enviro Engineers Pte Ltd