Change - Announcement Of Resignation Of A Non-Independent Non-Executive Director

BackJan 26, 2018
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Jan 26, 2018 17:16
Status New
Announcement Sub Title RESIGNATION OF A NON-INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference SG180126OTHR41IJ
Submitted By (Co./ Ind. Name) Andrew Roach Reddy
Designation Managing Director
Description (Please provide a detailed description of the event in the box below) This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor ("Sponsor"), Asian Corporate Advisors Pte Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange"). The Company's Sponsor has not independently verified the contents of this announcement including the correctness of any of the figures used, statements or opinions made. The Sponsor is satisfied, based on the enquiries made, that there are no reasons for the resignation other than those stated in this announcement.

This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Liau H. K.
Telephone number: 6221 0271
Additional Details
Name Of Person Datuk Lim Chih Li @ Lin Zhili
Age 46
Is effective date of cessation known? Yes
If yes, please provide the date 26/01/2018
Detailed Reason (s) for cessation Datuk Lim believes that the current board composition and the vast experiences of the board members are sufficient to contribute positively to the direction and governance of the company. In the circumstances, Datuk Lim has decided to focus on his other obligations and commitments by virtue of his directorships in other companies.
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 01/03/2012
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) 1
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.) Non-Independent Non-Executive Director
Role and responsibilities non-executive
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 Deemed interest in 163,482,328 ordinary shares in the Company.
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