Change - Announcement of Cessation::RESIGNATION OF GROUP CHIEF EXECUTIVE OFFICER

Issuer & Securities

Issuer/ Manager
VICPLAS INTERNATIONAL LTD
Securities
VICPLAS INTERNATIONAL LTD - SG1G57870584 - 569
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Oct-2014 17:33:57
Status
New
Announcement Sub Title
RESIGNATION OF GROUP CHIEF EXECUTIVE OFFICER
Announcement Reference
SG141008OTHR39U0
Submitted By (Co./ Ind. Name)
Esther Au
Designation
Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of resignation of Group Chief Executive Officer

Additional Details

Name Of Person
Mark Samlal
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2014
Detailed Reason (s) for cessation
Mr Mark Samlal has decided to pursue other opportunities and therefore has tendered his resignation.
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
15/12/2008
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Executive Officer
Role and responsibilities
Mr Samlal is responsible for Vicplas and its subsidiaries business development, in particular, strategic planning, new product development, marketing and overall corporate management.
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?
Yes
Shareholding Details
Direct - 10,000,000 options
Past (for the last 5 years)
Supply Source Asia Pte Ltd
India Tales Media Pvt Ltd
Present
Forefront Medical Investment Pte. Ltd.
Forefront Investment Pte. Ltd.
Vicplas Holdings Pte Ltd
Rimplas Industries Sdn. Bhd.
Forefront Medical Technology Pte Ltd
MS & MS Pty Ltd