Change - Announcement of Cessation::CESSATION OF NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
NEW SILKROUTES GROUP LIMITED
Securities
NEW SILKROUTES GROUP LIMITED - SG1CE0000004 - BMT
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Oct-2016 17:57:38
Status
New
Announcement Sub Title
CESSATION OF NON-EXECUTIVE DIRECTOR
Announcement Reference
SG161031OTHRISJI
Submitted By (Co./ Ind. Name)
ONG BENG HONG
Designation
JOINT COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
CESSATION OF NON-EXECUTIVE DIRECTOR

Additional Details

Name Of Person
FRANK YU
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2016
Detailed Reason (s) for cessation
Mr Frank Yu did not seek re-election at the Annual General Meeting ("AGM"). Accordingly, he retired as a Director of the Company on 31 October 2016 at the conclusion of the AGM.
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
01/03/2012
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 and Non-Executive Director; Chairman of Audit Committee; Member of Nominating Committee; Member of Remuneration 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)
Nil
Present
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