Change - Announcement of Cessation::Cessation as Executive Director

Issuer & Securities

Issuer/ Manager
HG METAL MANUFACTURING LIMITED
Securities
HG METAL MANUFACTURING LTD - SG1M22901755 - 526

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-May-2014 17:30:39
Status
New
Announcement Sub Title
Cessation as Executive Director
Announcement Reference
SG140515OTHRNZR2
Submitted By (Co./ Ind. Name)
Foo Sey Liang
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Please see attached.

Additional Details

Name Of Person
Tan Chan Too
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2014
Detailed Reason (s) for cessation
Expiry of the service contract between Mr Tan Chan Too and the Company.
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
04/08/1988
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
13
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Executive
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
22,455,187 shares of the Company registered in the name of nominees.
Past (for the last 5 years)
Oriental Metals Pte. Ltd., HG Construction Steel Pte. Ltd., HG Metal Investments Pte. Ltd., HG Metal Pte. Ltd. and Niho (Singapore) Pte. Ltd.
Present
Nil