Change - Announcement of Cessation::Resignation of Executive Director and Chief Operating Officer

Issuer & Securities

Issuer/ Manager
GSH CORPORATION LIMITED
Securities
GSH CORPORATION LIMITED - SG1O38912554 - J16

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Apr-2014 17:43:27
Status
New
Announcement Sub Title
Resignation of Executive Director and Chief Operating Officer
Announcement Reference
SG140430OTHRGW4R
Submitted By (Co./ Ind. Name)
Lee Ellen
Designation
Company Secretary
Effective Date and Time of the event
30/04/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
Announcement of Resignation.

Additional Details

Name Of Person
Ryo Kobayashi
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2014
Detailed Reason (s) for cessation
Mr Kobayashi resigned as Director and Chief Operating Officer on his own accord to pursue personal interests. He will continue to be the Chief Operating Officer until 15 May 2014.
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
01/04/2008
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)
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.)
Chief Operating Officer and Executive Director
Role and responsibilities
a. Implement policies laid down by the Board and translate them into operational plans and day-to-day activities;
b. Directly responsible for the day-to-day operational management of the business, profitability and success of Photographic business division of the Company.
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?
No
Past (for the last 5 years)
Nil
Present
GSH Corporation (Far East) Pte Ltd, Global Strategic Holdings Franchising Pte Ltd, GSH (Middle East) Pte Ltd, GSH Distribution (Cambodia) Pte Ltd, JEL Trading (Bangladesh) Ltd, GSH Investments Limited