Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
LAFE CORPORATION LIMITED
Securities
LAFE CORPORATION LIMITED - BMG5352E1479 - AYB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2016 18:51:50
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG160429OTHRG863
Submitted By (Co./ Ind. Name)
Paul Francis Gregory Binney
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Shum Sze Keong as an Independent Director at the Company's Annual General Meeting held on 29 April 2016.

Additional Details

Name Of Person
Shum Sze Keong
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2016
Detailed Reason (s) for cessation
Retirement. Individual would have served a 9 year term as an Independent Director.
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
19/03/2007
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of the Nominating Committee and Remuneration Committee and Member of the Audit Committee
Role and responsibilities
Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Singapore Aerospace Manufacturing Private Limited
SAM Engineering & Equipment (M) Berhad
Present
Singapore Aerospace Manufacturing Private Limited
SAM Engineering & Equipment (M) Berhad