Announcements & News Releases

Change - Announcement Of Cessation Of Group Executive Vice President And Group Chief Operating Officer

May 23, 2018
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast May 23, 2018 17:23
Status New
Announcement Sub Title Announcement of Cessation of Group Executive Vice President and Group Chief Operating Officer
Announcement Reference SG180523OTHRIZD1
Submitted By (Co./ Ind. Name) Lim Poh Fong
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Cessation as Group Executive Vice President and Group Chief Operating Officer.
Additional Details
Name Of Person Wong Lup Wai
Age 58
Is effective date of cessation known? Yes
If yes, please provide the date 31/05/2018
Detailed Reason (s) for cessation To pursue personal interests.
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 01/01/2014
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) 6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Group Executive Vice President and Group Chief Operating Officer
Role and responsibilities Hyflux's global projects execution; operations and maintenance; engineering resources; develop group-wide strategies in the areas of manufacturing; procurement; and membrane and system sales.
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 Wong holds 50 Preference Shares of Hyflux Ltd and is deemed interested in 70 Preference Shares of Hyflux Ltd held by his wife, Ms Young Yoke Mun Janet.

1,700,000 options were granted to Mr Wong pursuant to ESOS 2011. These options will be cancelled following his resignation.
Past (for the last 5 years) Please see file attached.
Present Please see file attached.


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