Change - Announcement of Cessation::Resignation of Non-Executive Chairman of the Board and Independent Director

Issuer & Securities

Issuer/ Manager
CNA GROUP LTD.
Securities
CNA GROUP LTD. - SG1Q82923885 - 5GC
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Dec-2014 13:27:02
Status
New
Announcement Sub Title
Resignation of Non-Executive Chairman of the Board and Independent Director
Announcement Reference
SG141231OTHR00IZ
Submitted By (Co./ Ind. Name)
Lun Chee Leong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation Mr. Bernard Chen Tien Lap ("Mr Chen") as Non-Executive Chairman and Independent Director of the Company. Cessation of Mr Chen of as the Chairman of the Nominating and Remuneration Committee and a Member of the Audit And Risk Committee concurrently with his resignation as a Director of the Company.

Additional Details

Name Of Person
Bernard Chen Tien Lap
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
01/01/2015
Detailed Reason (s) for cessation
Due to health condition.
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
27/12/2004
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Chairman, Independent Director, Chairman of Nominating and Remuneration Committees and Member of Audit And Risk Committee.
Role and responsibilities
Non-Executive
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?
Yes
Shareholding Details
2,010,000 shares
Other Directorships
Past (for the last 5 years)
1. Singapore Pools (Private) Ltd
2. Parksville Development Pte Ltd
3. Dragon Capital Pte. Ltd.
Present
1. Basidon Holdings Pte Ltd
2. Singapore Totalisator Board
3. Ntegrator International Ltd
4. Cherrit International (Far East) Pte. Ltd.
5. CNA Group Ltd