Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
NGSC LIMITED
Securities
NGSC LIMITED - SG1I31881119 - B07
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Apr-2019 18:07:40
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG190404OTHRJBKU
Submitted By (Co./ Ind. Name)
Michael Kuan-Chi Sun
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Director

Additional Details

Name Of Person
Cheung Kam Wa
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
04/04/2019
Detailed Reason (s) for cessation
Resigned due to competing time commitments as a result of the time required as the Company's Director.
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
19/06/2017
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)
1
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.)
Independent Director, Member of the Nominating Committee and Remuneration Committee
Role and responsibilities
Independent Director, Member of the Nominating Committee 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?
No
Past (for the last 5 years)
Sapphire Corporation Limited
Present
Nil