Comfortdelgro : Stepping Down of Managing Director/Group Chief Executive Officer

Issuer/ Manager	COMFORTDELGRO CORPORATION LIMITED
Securities	COMFORTDELGRO CORPORATION LTD - SG1N31909426 - C52
Stapled Security	No

Change - Announcement of Cessation::Stepping Down of Managing Director / Group Chief Executive Officer Issuer & Securities

Announcement Details

Announcement Title	Change - Announcement of Cessation
Date & Time of Broadcast	28-Apr-2017 17:42:36
Status	New
Announcement Sub Title	Stepping Down of Managing Director / Group Chief Executive Officer
Announcement Reference	SG170428OTHR79RU
Submitted By (Co./ Ind. Name)	Chan Wan Tak, Wendy
Designation	Company Secretary
Description (Please provide a detailed description of the event in the box below)	Mr Kua Hong Pak steps down as Managing Director / Group Chief Executive Officer of ComfortDelGro Corporation Limited

Additional Details

Name Of Person	Kua Hong Pak
Age	73
Is effective date of cessation known?	Yes
If yes, please provide the date	30/04/2017
Detailed Reason (s) for cessation	ComfortDelGro Corporation Limited ("ComfortDelGro") refers to its announcement dated 10 February 2017. Mr Kua will step down from his position as Managing Director / Group Chief Executive Officer ("MD/GCEO") on 30 April 2017 as part of ComfortDelGro's leadership succession plan. Mr Kua will assume the new position of Senior Advisor to counsel and mentor the newly appointed MD/GCEO and help in some of the overseas operations during the transition period.
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	01/01/2003

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)	6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months	1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)	Managing Director / Group Chief Executive Officer
Role and responsibilities	Managing Director / Group Chief Executive Officer
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries	None
Shareholding interest in the listed issuer and its subsidiaries?	Yes
Shareholding Details	ComfortDelGro Corporation Limited - 3,924,530 shares 3,600,000 share options 90,000 shares 54,000 shares SBS Transit Ltd VICOM Ltd
Past (for the last 5 years)	Starhub Ltd (Public listed on the Mainboard of the Singapore Exchange Securities Trading Limited)
Present	ComfortDelGro Corporation Limited * and Group of Companies SBS Transit Ltd* and Group of Companies VICOM Ltd* and Group of Companies Temasek Holdings (Private) Limited PSA Corporation Limited PSA International Pte Ltd * Public listed on the Mainboard of the Singapore Exchange Securities Trading Limited

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