Change - Announcement of Cessation::Retirement of Executive Director
Issuer & Securities
NICO STEEL HOLDINGS LIMITED
NICO STEEL HOLDINGS LIMITED - SG1R29924672 - 5GF
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Executive Director
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
Announcement of retirement of Mr Tang Chee Bian as an Executive Director.
Name Of Person
Tang Chee Bian
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Retired by rotation at the Annual General Meeting held on 26 June 2014 and did not seek for re-election.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Sales and Marketing Director
Role and responsibilities
In charge of all sales and marketing activities of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Tang Chee Bian is brother of the Executive Directors, Mr Tan Chee Khiong and Mr Tang Chee Wee.
Shareholding interest in the listed issuer and its subsidiaries?
Interest 5,515,725 shares
Deemed Interest 56,697,700 shares
Past (for the last 5 years)
Nico Group of Companies and D.S.A.G Investment Pte. Ltd.