Change - Announcement of Cessation::Cessation of Independent Director Appointment

Issuer & Securities

Issuer/ Manager
CFM HOLDINGS LIMITED
Securities
CFM HOLDINGS LIMITED - SG1P02915996 - 5EB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Jul-2016 19:54:55
Status
New
Announcement Sub Title
Cessation of Independent Director Appointment
Announcement Reference
SG160718OTHR6WV2
Submitted By (Co./ Ind. Name)
Kenneth Leong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Asian Corporate Advisors Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange"). The Sponsor has not independently verified the contents of this announcement including the correctness of any of the figures used, statements or opinions made. The Sponsor is satisfied, based on the enquiries made, that it is not aware of any other reasons for the resignation other than those stated in this announcement.

This announcement has not been examined or approved by the Exchange and the Exchange 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 Foo Quee Yin.
Telephone number: 6221 0271

Additional Details

Name Of Person
Peter Lai Hock Meng
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
18/07/2016
Detailed Reason (s) for cessation
To pursue other business and career interest and time commitment.

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
25/11/2011
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Audit Committee and member of the Nominating and Remuneration Committee.
Role and responsibilities
Fulfilling the duties and responsibilities of an Independent Director, Chairman of the Audit Committee and member of the Nominating and Remuneration Commiittee.
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)
Metax Engineering Corp Limited (listed on SGX)
WE Holdings Ltd (listed on SGX)
China Energy Limited (listed on SGX)
Xpress Holdings Ltd (listed on SGX)
China Oilfield Technology Services Group Ltd (listed on SGX)
Advance SCT Limited (listed on SGX)
China Essence Group Ltd (listed on SGX)
Present
PureCircle Ltd (listed on LSE AiM)
Delong Holdings Ltd (listed on SGX)