Change - Announcement of Cessation::Announcement of Cessation as General Manager of Colibri Assembly (Thailand) Co., Ltd.

Issuer & Securities

Issuer/ Manager
ARTIVISION TECHNOLOGIES LTD.
Securities
ARTIVISION TECHNOLOGIES LTD. - SG1X21941023 - 5NK
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Jun-2017 18:43:23
Status
New
Announcement Sub Title
Announcement of Cessation as General Manager of Colibri Assembly (Thailand) Co., Ltd.
Announcement Reference
SG170620OTHRY6PI
Submitted By (Co./ Ind. Name)
Harry Ng Weng Sui
Designation
Non-Executive Chairman and Independent Director
Description (Please provide a detailed description of the event in the box below)
The announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement.

The announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of the announcement, including the correctness of any of the statements or opinions made or reports contained in the announcement.

The contact person for the Sponsor is Ms Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone (65) 66364201.

Additional Details

Name Of Person
Soh Kim Hock Benedict
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
20/06/2017
Detailed Reason (s) for cessation
To pursue other career opportunities.

The Company's sponsor, ZICO Capital Pte. Ltd., after having interviewed Mr Soh Kim Hock Benedict ("Mr Soh") is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the resignation of Mr Soh as the General Manager of Colibri Assembly (Thailand) Co., Ltd. ("CAT"), a wholly-owned subsidiary of the Company.

The role and responsibilities of the General Manager of CAT will be undertaken by Mr Kenneth Goh Tzu Seoh (Chief Executive Officer and Executive Director of the Company), Mr Lee See Jui (the consultant of CAT) and Ms Choo Leng Leng Susan (Financial Controller of the Company). The Board of Directors of the Company is of the view that there will be continued smooth functioning of the Group subsequent to Mr Soh's resignation.
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
16/12/2013
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
General Manager of Colibri Assembly (Thailand) Co., Ltd.
Role and responsibilities
Responsible for the operations of Colibri Assembly (Thailand) Co., Ltd in Thailand.
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)
Bottcher Singapore Pte. Ltd.
Bottcher (Thailand) Co. Ltd.
Bottcher Malaysia Sdn. Bhd.
P.T. Bottcher Indonesia
Present
None