Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
INFINIO GROUP LIMITED
Securities
INFINIO GROUP LIMITED - SG2G63000001 - 5G4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Nov-2015 20:30:00
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG151130OTHRYVBI
Submitted By (Co./ Ind. Name)
Lim Yeow Sun
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor ("Sponsor"), Asian Corporate Advisors Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange"). The Company's Sponsor has not independently verified the contents of this announcement including the correctness of any of the figures used, statements or opinions made. The Sponsor is satisfied, based on the enquiries made, that there are no reasons for the resignation other than those stated in this announcement.

This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Liau H. K.
Telephone number: 6221 0271

Additional Details

Name Of Person
Choo Siew Lohk
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
30/11/2015
Detailed Reason (s) for cessation
Resigned due to work commitment
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
31/03/2014
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)
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 (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Member of AC, NC and RC
Role and responsibilities
Acted as Independent Director of the Company from 31 March 2014 to 30 November 2015. Was the Member of the Company's Audit, Remuneration and Nominating Committee from 1 April 2014 to 30 November 2015.
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?
No
Past (for the last 5 years)
1. Innovest Strategy Pte Ltd
2. Trilink Shipping Pte Ltd
3. High Million Pte Ltd
4. Bright Fortune Impex Pte Ltd
5. Multi-link Group Pte Ltd
6. Starquartet Resources-2 Pte Ltd
7. Orris Resources Pte Ltd
8. Starquartet Pte Ltd
Present
1. Starquartet Resources Pte Ltd
2. New Ocean Resources (Singapore) Pte Ltd
3. Teknologi E-S Sdn Bhd (Malaysia)
4. Star Elite Resources Pte Ltd