Change - Announcement of Cessation::Termination of Executive Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
DMX TECHNOLOGIES GROUP LTD
Securities
DMX TECHNOLOGIES GROUP LTD - BMG278221087 - 5CH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Sep-2015 21:13:48
Status
New
Announcement Sub Title
Termination of Executive Director and Chief Executive Officer
Announcement Reference
SG150904OTHRAPLI
Submitted By (Co./ Ind. Name)
Iwao Oishi
Designation
Vice Chairman and Acting Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Termination of Executive Director and Chief Executive Officer

Additional Details

Name Of Person
Jismyl Teo Chor Khin
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
03/09/2015
Detailed Reason (s) for cessation
Please see announcement released by Company on 4 September 2015 relating to termination of Ms Jismyl Teo Chor Khin and Mr Skip Tang Chi Tang.
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?
Yes
If Yes, Please provide full details
Please see announcement released by Company on 4 September 2015 relating to termination of Ms Jismyl Teo Chor Khin and Mr Skip Tang Chi Tang.
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please see announcement released by Company on 4 September 2015 relating to termination of Ms Jismyl Teo Chor Khin and Mr Skip Tang Chi Tang.
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please see announcement released by Company on 4 September 2015 relating to termination of Ms Jismyl Teo Chor Khin and Mr Skip Tang Chi Tang.
Date of Appointment to current position
08/09/2006
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)
2
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.)
Executive Director and Chief Executive Officer
Role and responsibilities
Sets the business strategies and directions of the Company and manages the business operation of the Company and Group.
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?
Yes
Shareholding Details
Director interest in the Company's shares
- 2,907,558 ordinary shares (0.25% of the issued capital of the Company)

Deemed interest in the Company's shares
- 55,167,967 ordinary shares (4.75% of the issued capital of the Company)
Past (for the last 5 years)
1 MP (HK) Limited
Nettasking Technology (BVI) Ltd
Packet Systems Pte. Ltd.
Present
1MP Limited
BEE MediaSoft Limited
BJ DMX Technology Ltd
DMX (BVI) Limited
DMX Technologies (Hong Kong) Limited
DMX Technologies Sdn Bhd
DMX Technologies (S pore) Pte Ltd
DMX Technologies (China) Limited
DMX Technologies (India) Private Ltd
DMX Technologies (Macao Commercial Offshore) Co. Limited
DMX Technologies Korea Co. Ltd
Lotun Technology Limited
Packet Systems (Malaysia) Sdn Bhd
PT Packet Systems Indonesia
Eagle One Consultants Limited
Group Equity International Limited