NewsAnnouncement Of Cessation As Group Chief Financial Officer
BackOct 01, 2013
| Resignation Details | |
| Name Of Person | Conson Tiu Sia |
| Age | 46 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 01/10/2013 |
| Detailed Reason(s) for Cessation | Mr Conson Sia will relinquish his appointment as Group Chief Financial Officer to focus on his continuing role as the Group's Senior Vice President spearheading the growth and development of the Group's South African operations. |
| 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 |
| If yes, please elaborate | NA |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| If yes, please elaborate | NA |
| Date of Appointment to current position | 01/08/2001 |
| Job Title | Senior Vice President & Group Chief Financial Officer |
| Role and Responsibilities | Oversees the Group's financial operations which inclue compliance with accounting and regulatory standards as well as corporate governance. |
| Does the AC have a minimum of 3 members (taking into account this resignation)? | 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) over the past 12 months | 0 |
| Shareholding in the listed issuer and its subsidiaries | Interest in Shares of Stamford Tyres Corporation Limited:- Direct Interest : 343,000 ordinary shares Deemed Interest : 77,000 ordinary shares |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Other Directorship | |
| Past Directorship (for the last five years) | Stamford Tires Distributor Co. Ltd Stamford Sport Wheels Company Limited Stamford Auto Mart Limited STC Tyres Limited Stamford Tyres (Africa) (Proprietary) Limited PT Stamford Tyres Distributor Indonesia PT Stamford Tyres Indonesia Stamford Tyres Australia Pty Ltd Stamford Tyres (Hong Kong) Limited) Stamford Tyres Philippines, Incorporated Stamford Tires and Wheels, Inc. Real Courage Limited Falken Tyre India Private Limited Raffles Resources Singapore Pte Ltd Tyre Pacific (HK) Limited |
| Present Directorship | Stamford Tires Distributor Co. Ltd Stamford Sport Wheels Company Limited Stamford Auto Mart Limited STC Tyres Limited Stamford Tyres (Africa) (Proprietary) Limited PT Stamford Tyres Distributor Indonesia PT Stamford Tyres Indonesia Stamford Tyres Australia Pty Ltd Stamford Tyres (Hong Kong) Limited Stamford Tyres Philippines, Incorporated Stamford Tires and Wheels, Inc. Real Courage Limited Falken Tyre India Private Limited |