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

Issuer & Securities

Issuer/ Manager
ADVENTUS HOLDINGS LIMITED
Securities
ADVENTUS HOLDINGS LIMITED - SG1P24916816 - 5EF

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Jul-2014 19:02:02
Status
New
Announcement Sub Title
Cessation of Non-Executive Independent Director
Announcement Reference
SG140725OTHRHUH4
Submitted By (Co./ Ind. Name)
Lee Bee Fong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company s sponsor, Stamford Corporate Services Pte Ltd (the "Sponsor"), for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes 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. Bernard Lui.
Telephone number: 6389 3000 Email: bernard.lui@stamfordlaw.com.sg

Additional Details

Name Of Person
Tan Poh Chye Allan
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date
25/07/2014
Detailed Reason (s) for cessation
Resigned voluntarily to allow for renewal of board composition.
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
21/05/2008
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.)
No-executive independent director, Chairman of Nominating Committee, a member of Audit and Remuneration Committee.
Role and responsibilities
To perform functions of Non-executive independent director, Chairman of Nominating Committee, a member of Audit and Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
2,220,000 shares
Past (for the last 5 years)
i) Colin Ng & Partners LLP (Partner); ii) Bella Resources Pte Ltd and iii) Cardsmith.com Pte Ltd
Present
i) Virtus Law LLP (Partner); ii) Knowledge Economy.com Pte Ltd; iii) Tell Business Pte Ltd; iv) CNMC Goldmine Holdings Limited; v) JLU Global Limited (Formerly Known as "JLU Foundation Ltd"); vi) AVEXA Limited (Australian limted company); and vii) XYEC Holdings Co., Ltd