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Change - Announcement Of Cessation Of Executive Director And Chief Executive Officer

BackOct 25, 2017
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast Oct 25, 2017 18:14
Status New
Announcement Sub Title Cessation of Executive Director and Chief Executive Officer
Announcement Reference SG171025OTHRQIL6
Submitted By (Co./ Ind. Name) ONG BENG HONG
Designation COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below) Cessation of Executive Director and Chief Executive Officer
Additional Details
Name Of Person Teoh Jin Thean
Age 51
Is effective date of cessation known? Yes
If yes, please provide the date 25/10/2017
Detailed Reason (s) for cessation Mr Teoh Jin Thean has retired at the Annual General Meeting of the Company pursuant to Article 90 of the Company's Constitution and he has decided not to seek re-election.

Pursuant to his retirement as a Director of the Company, Mr Teoh Jin Thean has also stepped down as the Chief Executive Officer of the Company.
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 23/09/2014
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 3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Executive Director and Chief Executive Officer
Role and responsibilities Mr Teoh Jin Thean was involved with the management and the strategic direction 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 476,539 ordinary shares
Past (for the last 5 years) Nil
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