Change - Announcement of Cessation::Announcement of Cessation of Chief Operating Officer

Issuer & Securities

Issuer/ Manager
METECH INTERNATIONAL LIMITED
Securities
METECH INTERNATIONAL LIMITED - SG2E79981816 - QG1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Aug-2014 17:53:30
Status
New
Announcement Sub Title
Announcement of Cessation of Chief Operating Officer
Announcement Reference
SG140812OTHRY4QB
Submitted By (Co./ Ind. Name)
Lim Han Benny
Designation
Chief Financial Officer
Effective Date and Time of the event
12/08/2014 18:00:00
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Sin Joo Siong as Chief Operating Officer

Additional Details

Name Of Person
Sin Joo Siong
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2014
Detailed Reason (s) for cessation
Mr Sin has decided to pursue other career opportunities
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
24/01/2014
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Role and responsibilities
Mr Sin was responsible for driving the business developments and operations of the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Sin holds 68,071,431 shares in the Company
Past (for the last 5 years)
Asia Dynamic Pte Ltd
Present
Metech Recycling (Singapore) Pte Ltd, Metech Recycling (USA) Pte Ltd and Metech Recycling (Malaysia) Pte Ltd