Change - Announcement of Cessation::Resignation of director

Issuer & Securities

Issuer/ Manager
NOVO GROUP LTD.
Securities
NOVO GROUP LTD. - SG2C46963931 - MR8
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Aug-2015 22:10:31
Status
New
Announcement Sub Title
Resignation of director
Announcement Reference
SG150806OTHR9CHC
Submitted By (Co./ Ind. Name)
Yu Wing Keung, Dicky
Designation
Executive Chairman
Effective Date and Time of the event
06/08/2015 17:00:00
Description (Please provide a detailed description of the event in the box below)
Please see the details

Additional Details

Name Of Person
Chow Kin San
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
06/08/2015
Detailed Reason (s) for cessation
Alleged disagreement on executive management style. Save as disclosed above, there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company.

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
10/03/2008
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)
2
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.)
Executive Director
Role and responsibilities
Directorship
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Elder brother of Mr. Chow Kin Wa, an executive director and chief executive officer of the Company
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Focus Capital Investment Inc.
Strategic Alliance Limited
Novo Management Services Limited
Tianjin Shifa Novo Technology Development Limited
Novowell Lamination Technology (Taizhou) Limited
Present
Focus Capital Investment Inc.
Strategic Alliance Limited