Change - Announcement of Cessation::Resignation of Mr Tan Aik Ti, Ron as an Independent Director

Issuer & Securities

Issuer/ Manager
EPICENTRE HOLDINGS LIMITED
Securities
EPICENTRE HOLDINGS LIMITED - SG1W52939285 - 5MQ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Jul-2016 18:26:10
Status
New
Announcement Sub Title
Resignation of Mr Tan Aik Ti, Ron as an Independent Director
Announcement Reference
SG160704OTHRYY7W
Submitted By (Co./ Ind. Name)
Lim Tiong Hian
Designation
Non-Executive Chairman and Director
Effective Date and Time of the event
04/07/2016 17:00:00
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 RHT Capital Pte. Ltd. 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. Lin Song, Registered Professional (Tel: 65-6386757) at Six Battery Road, #10-01, Singapore 049909.

Additional Details

Name Of Person
Tan Aik Ti, Ron
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
04/07/2016
Detailed Reason (s) for cessation
To pursue personal priorities
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
03/08/2010
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee
Role and responsibilities
1) Reviewing and recommending to the Board, a general framework of remuneration and specific remuneration packages and terms of employment for all Directors and key management personnel of the Company;

2) Reviewing the service agreements of the Executive Directors and key management personnel of the Company;

3) Performing an annual review of the remuneration of employees related to the directors to ensure that their remuneration packages are in line with the Company's staff remuneration guidelines and commensurate with their respective job scope and level of responsibilities; and

4) Review and approving the bonuses, pay increases and/or promotions of employees related to directors.
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?
No
Past (for the last 5 years)
Please refer to Annexure A
Present
Please refer to Annexure B

Attachments

Ron_Tan_List_of_Directorship_Annexures_A_and_B.pdf
Total size =39K