20 Apr 2010

Changes To The Board

Singapore, April 20, 2010: The Board of Directors of Sembcorp Marine wishes to announce the following changes with effect from 20 April 2010:

(1) Resignation of Mr Joseph Kwok Sin Kin as a Director, Chairman of Nominating Committee and a member of Executive Resource and Compensation Committee

Mr Joseph Kwok Sin Kin, appointed Director of Sembcorp Marine on 30 June 2006, who retired by rotation pursuant to Article 91 of the Company’s Article of Association has opted not to submit himself for re-election at the 47th Annual General Meeting. He is the Chief Executive Officer of Carlisle Leasing International and is based in the United States of America.

Mr Kwok is also the Chairman of the Nominating Committee since July 2007 as well as a member of the Executive Resource and Compensation Committee.

The Chairman and Board members would like to take the opportunity to thank Mr Kwok for his invaluable contributions during his tenure and extend their best wishes to him for the future.

(2) Appointment of Mr Tang Kin Fei as a member of the Nominating Committee and Executive Resource and Compensation Committee

Mr Tang Kin Fei who has been a director since 1 May 2005 will replace Mr Kwok as a member of the Nominating Committee as well as the Board’s Executive Resource and Compensation Committee.

(3) Appointment of Mr Tan Pheng Hock as Chairman of Nominating Committee

Mr Tan Pheng Hock who was appointed a Director since 16 April 2001 will be appointed Chairman of the Nominating Committee with effect from 20 April 2010. Mr Tan is an independent Director.

(4) Composition of the Nominating Committee and the Executive Resource and Compensation Committee

Following the above changes, the Nominating Committee and Executive Resource and Compensation Committee will comprise the following members:

Nominating Committee

Mr Tan Pheng Hock – Chairman
Mr Goh Geok Ling – Member
Mr Tang Kin Fei – Member

Executive Resource and Compensation Committee

Mr Goh Geok Ling – Chairman
Mr Tan Pheng Hock – Member
Mr Tang Kin Fei – Member

For media & analysts’ enquiries, please contact:
Ms Judy Han
Senior Vice President
Investor Relations & Communications
Tel : (65) 6262 7203
Fax : (65) 6261 0738
Email : judy@sembcorpmarine.com.sg

For the PDF version of this media release, please click here

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