Change - Announcement of Cessation::RESIGNATION OF NON-EXECUTIVE CHAIRMAN AND INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
TSH CORPORATION LIMITED
Securities
TSH CORPORATION LIMITED - SG1J38888702 - 574
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Nov-2018 21:07:12
Status
New
Announcement Sub Title
RESIGNATION OF NON-EXECUTIVE CHAIRMAN AND INDEPENDENT DIRECTOR
Announcement Reference
SG181116OTHRWFI9
Submitted By (Co./ Ind. Name)
Tan Dah Ching
Designation
Non-Executive and Independent Director
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of TSH Corporation Limited (the "Company") wishes to announce the resignation of Mr Wong Weng Foo John ("Mr John Wong") as a Non-Executive Chairman and Independent Director of the Company with effect from 16 November 2018. Accordingly, Mr John Wong has relinquished his position as the Chairman of Audit and Remuneration Committees and a Member of the Nominating Committee of the Company.

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This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, SAC Capital Private Limited ("Sponsor"), for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST 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 Ms Alicia Sun (Tel: (65) 6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Additional Details

Name Of Person
Wong Weng Foo John
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
16/11/2018
Detailed Reason (s) for cessation
Mr John Wong resigned as a director due to health reason.

The Sponsor, after having interviewed Mr John Wong, is satisfied that other than disclosed in the announcement, there are no other material reasons for the cessation of Mr John Wong as a Non-Executive Chairman and Independent Director 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
06/09/2006
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)
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.)
Non-Executive Chairman and Independent Director
Role and responsibilities
Fulfill the responsibilities as Chairman of the Board and Independent Director.
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
Mr Wong Weng Foo John is deemed interested in the 7,771,666 ordinary shares registered in the name of Maybank Kim Eng Securities Pte Ltd.
Past (for the last 5 years)
Goodpack Limited
Present
NIL