Change - Announcement of Cessation::Retirement as Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
MATEX INTERNATIONAL LIMITED
Securities
MATEX INTERNATIONAL LIMITED - SG1P13916389 - M15
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2016 18:03:03
Status
New
Announcement Sub Title
Retirement as Independent Non-Executive Director
Announcement Reference
SG160429OTHR6P0T
Submitted By (Co./ Ind. Name)
Dr Tan Pang Kee
Designation
Chief Executive Officer / Managing Director
Description (Please provide a detailed description of the event in the box below)
Retirement as Independent Non-Executive Director

Additional Details

Name Of Person
Dr Wang Kai Yuen
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2016
Detailed Reason (s) for cessation
Retiring as a director in accordance with Article 89 of the Company's Articles of Association, Dr Wang has decded not to seek re-appointment.
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
11/07/2003
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 Non-Executive Director, Chairman of Nominating Committee and Member of Audit and Remuneration Committee.
Role and responsibilities
Independent Non-Executive Director, Chairman of Nominating Committee and Member of Audit and Remuneration Committee.
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
100,000 ordinary shares
Past (for the last 5 years)
Asian Micro Holdings Ltd
Hiap Hoe Ltd
Xpress Holdings Ltd
SuperBowl Holdings Ltd
Present
Ezion Holdings Ltd
COSCO Corporation (Singapore) Ltd
ComforDelGro Corporation Ltd
HLH Group Ltd
Emas Offshore Ltd (EOC till 15 Sep 2014)
A-Sonic Aerospace Ltd
China Aviation Oil (Singapore) Corporation Ltd
Matex International Ltd