Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
EDITION LTD.
Securities
EDITION LTD. - SG1S42927578 - 5HG
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Jun-2016 17:36:40
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG160628OTHRA0R7
Submitted By (Co./ Ind. Name)
Ong Boon Chuan
Designation
Executive Chairman and Chief Executive Officer
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 the Company's Sponsor, SAC Capital Private Limited, for compliance with the relevant rules of the SGX-ST. The Company's 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 Company's Sponsor is Ms. Tan Pei Woon (Telephone: (65) 6532 3829) at 1 Robinson Road, #21-02, AIA Tower, Singapore 048542.

Additional Details

Name Of Person
Lim Yit Keong
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2016
Detailed Reason (s) for cessation
To pursue personal interest.

The Company's Sponsor has contacted Mr Lim Yit Keong and based on its enquires, the Company's Sponsor, SAC Capital Private Limited is satisfied that, other than as disclosed in this Announcement, there are no other material reasons for the cessation of Mr Lim Yit Keong as the Independent 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
01/07/2013
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)
3
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.)
Lead Independent Director, Audit Committee Chairman, Member of the Nominating and Remuneration Committees.
Role and responsibilities
Roles and responsibilities of an Independent Director. Audit Committee chairman and member of Nominating and Remuneration Committees.
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)
R H Energy Ltd

Present
China Kunda Technology Holdings Ltd
Primeearth Trading Pte Ltd
Capital Consulting Pte Ltd