| Announcement Title |
Change - Announcement of Cessation |
| Date & Time of Broadcast |
Dec 2, 2016 20:19 |
| Status |
New |
| Announcement Sub Title |
Resignation of Executive Director and Deputy Chief Executive Officer of the Company |
| Announcement Reference |
SG161202OTHRWA3S |
| Submitted By (Co./ Ind. Name) |
LOCK WAI HAN |
| Designation |
EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER |
| Description (Please provide a detailed description of the event in the box below) |
Mr Bon Ween Foong has resigned as an Executive Director and Deputy Chief Executive Officer of the Company with effect from 2 December 2016. |
| Additional Details |
| Name Of Person |
Bon Ween Foong |
| Age |
48 |
| Is effective date of cessation known? |
Yes |
| If yes, please provide the date |
02/12/2016 |
| Detailed Reason (s) for cessation |
To pursue other personal interest |
| 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 |
02/08/2016 |
| 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) |
2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months |
2 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) |
Executive Director and Deputy Chief Executive Officer |
| Role and responsibilities |
Mr Bon oversees the operating activities of the Group. |
| 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 |
107,307,312 |
| Past (for the last 5 years) |
Please refer to the attachment |
| Present |
Please refer to the attachment |
