Change - Announcement of Cessation::Resignation of Director and Managing Director

Issuer & Securities

Issuer/ Manager
TRANSCORP HOLDINGS LIMITED
Securities
TRANSCORP HOLDINGS LIMITED - SG1J09885596 - T19
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Feb-2016 17:08:14
Status
New
Announcement Sub Title
Resignation of Director and Managing Director
Announcement Reference
SG160210OTHR2NEL
Submitted By (Co./ Ind. Name)
Goh Chin Soon
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Tan Cheng Chuan as Director and Managing Director of the Company

This announcement was prepared by the Company and its contents have been reviewed by the Company's Continuing Sponsor, Stamford Corporate Services Pte Ltd (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("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 and 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 Mr Bernard Lui
Tel: 6389 3000
Email: bernard.lui@morganlewis.com

Additional Details

Name Of Person
Tan Cheng Chuan
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
10/02/2016
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?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
27/04/1995
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
14
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director and Managing Director
Role and responsibilities
Mr Tan Cheng Chuan is responsible for the day-to-day operations of the Group and the Group's strategic goals with the assistance of a team of key management personel.
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?
Yes
Shareholding Details
43,451,112 shares in Transcorp Holdings Limited
Past (for the last 5 years)
Nil
Present
Leonian Singapore Pte Ltd
Nippon Golf Pte Ltd
Transview Lifestyle Pte Ltd
T-View Interior Pte Ltd
Transview Golf Sdn Bhd
Transrich Pte Ltd
Transcorp Resources Pte Ltd
Transcorp Development Pte Ltd