Change - Announcement of Cessation::Resignation of non-executive/independent director

Issuer & Securities

Issuer/ Manager
INNOPAC HOLDINGS LIMITED
Securities
INNOPAC HOLDINGS LIMITED - SG2D65002396 - I26
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Feb-2018 20:09:10
Status
New
Announcement Sub Title
Resignation of non-executive/independent director
Announcement Reference
SG180201OTHRO7I8
Submitted By (Co./ Ind. Name)
Innopac Holdings Limited/Tan Sock Kheng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of non-executive/independent director

Additional Details

Name Of Person
Yang Kiin
Age
40
Is effective date of cessation known?
No
If No, please advise when the date will be announced
After the Board of Director's meeting and deliberation
Detailed Reason (s) for cessation
1) His difference with management
2) Unfounded allegations of his misconduct by BOD
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
15/11/2016
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)
1
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.)
Member of 1) Audi 2) Nominating and 3)Remuneration Committees
Role and responsibilities
To assist the Chairman of the respective committees to discharge the duties and responsibilities of the Committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No familial relationship
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Gentech Innovation Limited, Hong Kong
Enerlix Technology Sdn Bhd, Malaysia
Inno Y&L Trading Co., Ltd., Hong Kong
Present
RC Carbon Sdn Bhd, Malaysia
Superior Carbontech and Solutions Sdn Bhd, Malaysia
Awana Rentak Sdn Bhd, Malaysia