Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION AS EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
SINJIA LAND LIMITED
Securities
SINJIA LAND LIMITED - SG1S49927944 - 5HH

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2014 18:17:52
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION AS EXECUTIVE DIRECTOR
Announcement Reference
SG140428OTHRR8F4
Submitted By (Co./ Ind. Name)
CHEONG WEIXIONG
Designation
GROUP CHIEF EXECUTIVE OFFICER
Effective Date and Time of the event
28/04/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
CESSATION AS EXECUTIVE DIRECTOR OF THE COMPANY

Additional Details

Name Of Person
NG KHOON SENG
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2014
Detailed Reason (s) for cessation
MR NG KHOON SENG ("MR NG") DID NOT SEEK RE-ELECTION AT THE ANNUAL GENERAL MEETING HELD ON 28 APRIL 2014. HE WILL STEP DOWN AS EXECUTIVE DIRECTOR AND ACTING GROUP CHIEF OPERATING OFFICER OF SINJIA LAND LIMITED. HE WILL BE APPOINTED AS THE GROUP MANAGING DIRECTOR OF THE ELASTOMERIC BUSINESS UNIT EFFECTIVE 29 APRIL 2014, RESPONSIBLE FOR THE STRATEGIC DIRECTION AND DAY-TO-DAY MANAGEMENT OF THE ELASTOMERIC GROUP. HE WILL REMAIN AS A DIRECTOR OF THE SUBSIDIARIES, NAMELY HLN RUBBER PRODUCTS PTE. LTD., HLN MICRON PTE. LTD., SINJIA PROPERTIES PTE. LTD., HLN RUBBER INDUSTRIES SDN. BHD., HLN RUBBER PRODUCTS CO., LTD. AND PT HLN BATAM.
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
26/02/2004
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
EXECUTIVE DIRECTOR AND ACTING GROUP CHIEF OPERATING OFFICER
Role and responsibilities
MR NG WAS RESPONSIBLE IN OVERSEEING THE GROUP'S MANUFACTURING BUSINESS AND OPERATING ACTIVITIES.
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
HOLDER OF 4,734,540 ORDINARY SHARES AND DEEMED INTEREST OF 500,000 ORDINARY SHARES HELD IN THE NAME OF NOMINEE.
Other Directorships
Past (for the last 5 years)
HLN RUBBER PRODUCTS PTE. LTD., HLN MICRON PTE. LTD.AND SINJIA PROPERTIES PTE. LTD.
Present
HLN RUBBER PRODUCTS PTE. LTD., HLN MICRON PTE. LTD.AND SINJIA PROPERTIES PTE. LTD.