Change - Announcement Of Cessation Of Director

BackApr 26, 2018
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Apr 26, 2018 20:01
Status New
Announcement Sub Title CESSATION OF DIRECTOR
Announcement Reference SG180426OTHRODQC
Submitted By (Co./ Ind. Name) Chan Shut Li, William
Designation Executive Chairman & CEO
Effective Date and Time of the event 26/04/2018 11:00:00
Description (Please provide a detailed description of the event in the box below) Cessation of Mr Richard Tan Kheng Swee as Lead Independent Director
Additional Details
Name Of Person Richard Tan Kheng Swee
Age 42
Is effective date of cessation known? Yes
If yes, please provide the date 26/04/2018
Detailed Reason (s) for cessation Commitment to his own personal business
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 01/07/2013
Does the AC have a minimum of 3 members (taking into account this cessation)? No
Number of Independent Directors currently resident in Singapore (taking into account this cessation) 1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) (I) Lead Independent Director
(ii) Chairman of Remuneration Committee
(iii) Member of Audit Committee
(iv) Member of Nominating Committee
Role and responsibilities As above
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 (i) 2,000 Ordinary Shares
(ii) 500,000 Employee Share Options Scheme
Past (for the last 5 years) (1) 8Telecom International Holdings Co. Ltd.
(2) Dapai International Holdings Co., Limited
(3) Hu An Cable Holdings Ltd
(4) Medtecs International Corporation Limited
Present (I) Barker Henley LLC
(ii) Jumbo Group Limited
(iii) Airguide International Pte. Ltd.