Change - Announcement of Cessation::Retirement of Vice President of Distribution and Services Solutions division.

Issuer & Securities

Issuer/ Manager
ELLIPSIZ LTD
Securities
ELLIPSIZ LTD - SG1CA2000000 - BIX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Mar-2018 22:10:26
Status
New
Announcement Sub Title
Retirement of Vice President of Distribution and Services Solutions division.
Announcement Reference
SG180329OTHRQJZ4
Submitted By (Co./ Ind. Name)
Pearl Cheng
Designation
Group Financial Controller
Description (Please provide a detailed description of the event in the box below)
Retirement of Vice President of Distribution and Services Solutions division.

Additional Details

Name Of Person
Mr Lim Beng Lam
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2018
Detailed Reason (s) for cessation
Retirement
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?
Yes
If Yes, Please provide full details
Upon Mr Lim Beng Lam's retirement on 31 March 2018, he will be engaged as a Consultant for a period of 6 months from 1 April 2018 to 30 September 2018 to assist in ensuring the smooth transition of his leadership role.
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
12/06/2006
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Vice President of Distribution and Services Solutions division.
Role and responsibilities
Mr Lim Beng Lam is the Vice President of Distribution and Services Solutions division. He oversees the trading and distribution of wafer fab equipment, specialty chemicals and consumables, electronics measurement tools, and the provision of reliability test services businesses.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
360,199 shares of Ellipsiz Ltd
Past (for the last 5 years)
Please refer to the attachment.
Present
Please refer to the attachment.

Attachments

Attachment.pdf
Total size =56K