Change - Announcement of Cessation::Cessation of an Independent Director

Issuer & Securities

Issuer/ Manager
SINWA LIMITED
Securities
SINWA LIMITED - SG1N21908982 - 5CN
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Jul-2016 20:08:35
Status
New
Announcement Sub Title
Cessation of an Independent Director
Announcement Reference
SG160731OTHRYTVO
Submitted By (Co./ Ind. Name)
Chew Kok Liang
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Wee Boon Chye as Independent Director of the Company.

Additional Details

Name Of Person
Wee Boon Chye
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
31/07/2016
Detailed Reason (s) for cessation
Mr Wee Boon Chye has resigned as director due to his other personal commitments.

Upon his resignation, Mr Wee Boon Chye will be relinquishing his positions as the Independent Director, the member of Audit Committee, Nominating Committee and Remuneration Committee 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
12/05/2011
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, a member of Audit Committee, Nominating Committee and Remuneration Committee
Role and responsibilities
Independent Director, a member of Audit Committee, Nominating Committee and Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
-
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Van Der Horst Resources Pte. Ltd.
Present
1. Sinwa Limited
2. Integrated Equipment Singapore Pte. Ltd.
3. SVDH Pte. Ltd.
4. Van Der Horst Gp Inc (BVI)
5. PT SSE Van Der Horst Indonesia
6. PT Battery power Solutions International (Indonesia)