Singapore, 28 December 2018 – Singapore Technologies Engineering Ltd (ST Engineering) today announced the resignation of Dr Stanley Lai Tze Chang as independent non-executive Director of the Company with effect from 31 December 2018.
Dr Stanley Lai joined the Board on 8 October 2009 and during his term, served as a member of the Audit Committee, Nominating Committee, Executive Resource & Compensation Committee, Risk and Sustainability Committee and Research, Development and Technology Committee.
The Board of Directors thanks Dr Lai for his invaluable contributions to the Board and the Board Committees that he had served.
Ms Song Su-Min, an independent non-executive Director, has been appointed a Member of the Audit Committee and Risk and Sustainability Committee effective 31 December 2018.
ST Engineering is a global technology, defence and engineering group specialising in the aerospace, electronics, land systems and marine sectors. The Group employs about 22,000 people across offices in Asia, the Americas, Europe and the Middle East, serving customers in the defence, government and commercial segments in more than 100 countries. With more than 500 smart city projects across 70 cities in its track record, the Group continues to help transform cities through its suite of Smart Mobility, Smart Security and Smart Environment solutions. Headquartered in Singapore, ST Engineering reported revenue of S$6.62b in FY2017 and it ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, MSCI Singapore, SGX ESG Transparency Index and SGX ESG Leaders Index. For more information, please visit www.stengg.com.
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