10 Nov 2015

Change - Announcement Of Resignation Of An Independent Director

Announcement Title Change - Announcement of Cessation
Announcement Subtitle Resignation of an Independent Director
Date & Time of Broadcast Nov 10, 2015 22:12
Submitted By Fang Ming
Executive Chairman
Description Announcement of Resignation of an Independent Director and Member of the Nominating Committee
Cessation Details
Name of person Ho Sheng
Age 59
Is effective date of cessation known? Yes
Effective date for cessation Dec 31, 2015
Detailed reason(s) for cessation Resigned due to temporary health reasons
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) 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 Independent Director and Member of Nominating Committee
Role and responsibilities Independent Director and Member of Nominating Committee
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries No
Shareholdings interest in the listed issuer and its subsidaries? Yes
Shareholding Details 300,000 Ordinary Shares
Other directorships
Past (for the last 5 years) Nil
Present Cordlife Group Ltd (Lead Independent Director), New Silkroutes Group Limited (Formerly known as Digiland International Limited) (Independent Director) and Private Limited (Director)