Change - Announcement of Cessation::Cessation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
JACKS INTERNATIONAL LIMITED
Securities
JACKS INTERNATIONAL LIMITED - SG1BC8000002 - BAC
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Nov-2015 17:28:00
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director
Announcement Reference
SG151119OTHRIJ8V
Submitted By (Co./ Ind. Name)
Peter Tam Kui Pui
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Non-Executive Director who is also the Chairman of the Audit Committee and Lead Independent Director

Additional Details

Name Of Person
Ong Seng Pheow
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
19/11/2015
Detailed Reason (s) for cessation
Due to the reconstitution of the Board of Directors following the Mandatory Unconditional Cash Offer by Canaccord Genuity Singapore Pte. Ltd., for and on behalf of Creative Elite Holdings Limited., which closed at 5.30 p.m. on 18 November 2015.
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
27/10/2014
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Audit Committee Chairman, Lead Independent Director
Role and responsibilities
Non-Executive
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?
No
Past (for the last 5 years)
None
Present
1. Daiman Development Berhad
2. LCTH Corporation Berhad
3. George Kent (Malaysia) Berhad
4. RHB Bank Berhad
5. RHB Insurance Berhad