Change - Announcement of Cessation::Retirement of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
SMJ INTERNATIONAL HOLDINGS LTD.
Securities
SMJ INTERNATIONAL HOLDINGSLTD. - SG1AA4000002 - 40B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Apr-2018 18:47:34
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director
Announcement Reference
SG180426OTHR2PDZ
Submitted By (Co./ Ind. Name)
Peng Fei
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Non-Executive Director

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Hong Leong Finance Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Tang Yeng Yuen, Vice President, Head of Corporate Finance, at 16 Raffles Quay, #02-05 Hong Leong Building, Singapore 048581, telephone: +65 6415 9886.

Additional Details

Name Of Person
Ng Tiang Hwa
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
26/04/2018
Detailed Reason (s) for cessation
Mr Ng Tiang Hwa retired as an Independent Non-Executive Director at the conclusion of the Company's Annual General Meeting held on 26 April 2018 and offered himself for re-election. He was not re-elected by shareholders.

Based on its enquires, the Company's Sponsor, Hong Leong Finance Limited, is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr Ng Tiang Hwa as the Independent Non-Executive Director and Chairman of Audit Committee of SMJ International Holdings Ltd.
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
03/06/2014
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director and AC Chairman
Role and responsibilities
As above
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
Nil