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

Issuer & Securities

Issuer/ Manager
USP GROUP LIMITED
Securities
USP GROUP LIMITED - SG1CH0000007 - BRS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Mar-2019 20:59:05
Status
New
Announcement Sub Title
Resignation of Non Executive and Non Independent Director
Announcement Reference
SG190314OTHRJLJ3
Submitted By (Co./ Ind. Name)
Nah Ee Ling
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
On 12 March 2019, the Company has received notification from Mdm Weng, giving a month notice on her resignation as a director. As such, her effective date of cessation will be 11 April 2019.

Additional Details

Name Of Person
Weng Huixin
Age
78
Is effective date of cessation known?
Yes
If yes, please provide the date
11/04/2019
Detailed Reason (s) for cessation
To pursue other 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
31/03/2014
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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 Director and Non Independent Director; AC member and RC member.
Role and responsibilities
Role of a director.
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?
No
Past (for the last 5 years)
Nil
Present
Nil