ANNOUNCEMENT OF CESSATION AS NON-EXECUTIVE CHAIRMAN
* Asterisks denote mandatory information
Name of Announcer *
NEW TOYO INTERNATIONAL HOLDINGS LTD
Company Registration No.
199601387D
Announcement submitted on behalf of
NEW TOYO INT HLDGS LTD
Announcement is submitted with respect to *
NEW TOYO INT HLDGS LTD
Announcement is submitted by *
Lee Wei Hsiung
Designation *
Company Secretary
Date & Time of Broadcast
26-Feb-2014 19:58:59
Announcement No.
00196
ANNOUNCEMENT DETAILS
The details of the announcement start here ...
Name of person *
Gary Yen
Age *
40
Is Effective Date of Cessation known? *
Yes
25/04/2014
Detailed Reason(s) for cessation *
Retiring and not seeking re-election at the forthcoming Annual General Meeting
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
If yes, please elaborate *
NA
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
If yes, please elaborate *
NA
Any other relevant information to be provided to shareholders of the listed issuer? *
No
If yes, please elaborate *
NA
Date of Appointment to current position *
30/09/2011
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) *
Non-Executive Chairman, Member of Audit and Nominating Committees
Role and responsibilities *
Non-Executive
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) *
3
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months *
2 (including this cessation)
Interest
* in the listed issuer and its subsidiaries *
New Toyo International Holdings Ltd
Direct Interest - 299,939
Deemed Interest - 1,693,200
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *
Son of Mr Yen Wen Hwa, a substantial shareholder of the Company.
OTHER DIRECTORSHIPS
Past (for the last 5 years) *
Shanghai Asia Holdings Limited (In Members' Voluntary Liquidation)
Paper Base Converting Sdn Bhd
Toyoma Non-Carbon Paper Manufacturer Sdn Bhd
Fastwin Enterprise Limited
Toyoma Aluminium Foil Packaging Sdn Bhd
Present *
New Toyo Aluminium Paper Product Co. (Pte) Ltd.
New Toyo Pulppy (Vietnam) Co, Ltd
New Toyo Ventures Pte. Ltd.
Singapore Pacific Investments Pte. Ltd.
Tien Wah Press Holdings Berhad
Yen & Son Holdings Pte Ltd
New Toyo Pulppy (Hong Kong) Limited
Greeting Tomt Limited
Yen & Lo Pty Ltd
Age Margin Co Ltd
Max Ease International Limited
Vina Toyo Co., Ltd
New Toyo Paper Products (Shanghai) Co., Ltd
Thai Toyo Aluminium Packaging Co., Ltd
Anzpac Services (Aust) Pty. Ltd
Age Margin Pty Ltd
Wuhu New Asia Paper Products Co., Ltd
Alliance Innovative Solutions Pte Ltd
New Toyo Corrugated Products Pte Ltd
New Toyo Lamination (M) Pte Ltd
Sealink International Ltd
Tien Wah Holdings (1990) Sdn Bhd
New Toyo Adelaide Pty Ltd
Pacific Eagle Investment Ltd
Footnotes
The Board of Directors of the Company will appoint a Non-Executive Director to the Audit Committee in due course.
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