28 Apr 2015

Change - Announcement Of Retirement Of A Non-Executive And Non-Independent Director

Announcement Title Change - Announcement of Cessation
Announcement Subtitle Retirement of a Non-Executive and Non-Independent Director
Date & Time of Broadcast Apr 28, 2015 19:26
Submitted By Fang Ming
Executive Chairman
Description Announcement of Retirement of a Non-Executive and Non-Independent Director
Cessation Details
Name of person Tan Kim Seng
Age 66
Is effective date of cessation known? Yes
Effective date for cessation Apr 28, 2015
Detailed reason(s) for cessation Due to personal work commitments, Mr Tan Kim Seng who is subject to retirement pursuant to Article 106 of the Company Articles of Association, did not seek re-election. Accordingly, he retired at the conclusion of the Annual General Meeting and also stepped down as a member of the Remuneration Committee.
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 Apr 29, 2013
Does the AC have a minimum of 3 members (taking into account this cessation)? Yes
Number of independent directors currently resident in Singapore (taking this account this cessation) 3
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months 2
Job Title Non-Executive and Non-Independent Director and a member of the Remuneration Committee
Role and responsibilities Non-Executive
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries None
Shareholdings interest in the listed issuer and its subsidaries? Yes
Shareholding Details 82,672,000 ordinary shares in the Company
Other directorships
Past (for the last 5 years) Refer to attachment - Annex "A"
Present Refer to attachment - Annex "B"

Annex "A"

Annex "B"