Change - Announcement of Cessation::RETIREMENT OF EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
GP INDUSTRIES LIMITED
Securities
GP INDUSTRIES LIMITED - SG1C12012995 - G20
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Jun-2018 17:40:26
Status
New
Announcement Sub Title
RETIREMENT OF EXECUTIVE DIRECTOR
Announcement Reference
SG180601OTHRI1O3
Submitted By (Co./ Ind. Name)
Kelly Kiar Lee Noi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Andrew Chuang Siu Leung as an Executive Director of the Company with effect from 1 July 2018.

Additional Details

Name Of Person
Andrew Chuang Siu Leung
Age
69
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2018
Detailed Reason (s) for cessation
Retirement
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
18/10/1995
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Risk Officer
Role and responsibilities
Mr Chuang is mainly responsible for the strategic management and risk management matters of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
155,000 shares in GP Industries Limited
Past (for the last 5 years)
GP eBIZ Limited
Ever Grace Capital Investment Limited
KEF Celestion Corporation
King Bright Capital Investment Limited
Present
CIH Limited
Faith Capital Investment Limited
Gold Peak Industries (Holdings) Limited
GP Electronics (HK) Limited
Proking Investment Ltd.