Change - Announcement of Cessation::Cessation of Chief Executive Officer and Executive Director

Issuer & Securities

Issuer/ Manager
DESIGN STUDIO GROUP LTD.
Securities
DESIGN STUDIO GROUP LTD. - SG1O90915222 - D11
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Mar-2015 21:57:15
Status
New
Announcement Sub Title
Cessation of Chief Executive Officer and Executive Director
Announcement Reference
SG150304OTHR2KWH
Submitted By (Co./ Ind. Name)
Kelly Ng Chai Choey
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Executive Officer and Executive Director

Additional Details

Name Of Person
Bernard Lim Leng Foo
Age
52
Is effective date of cessation known?
No
If No, please advise when the date will be announced
To be announced when the cessation date is available.
Detailed Reason (s) for cessation
To pursue personal interests.
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
10/03/1994
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)
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.)
Group Chief Executive Officer and Executive Director
Role and responsibilities
Responsible for the overall strategic direction, growth, business development and operations of the Group.
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?
No
Past (for the last 5 years)
None
Present
Please see attached.

Attachments

List of Directorships - Bernard Lim.pdf
Total size =82K