Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
ISDN HOLDINGS LIMITED
Securities
ISDN HOLDINGS LIMITED - SG1S48927937 - I07
ISDN HOLDINGS LIMITED W181110 - SG40I7998375 - T8UW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Aug-2016 19:11:36
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF INDEPENDENT DIRECTOR
Announcement Reference
SG160808OTHRPVNH
Submitted By (Co./ Ind. Name)
Gwendolyn Gn Jong Yuh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF CESSATION OF INDEPENDENT DIRECTOR

Additional Details

Name Of Person
TAY GIM SIN, LEONARD
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
08/08/2016
Detailed Reason (s) for cessation
Mr Tay Gim Sin, Leonard has decided to resign as an Independent Director of our Company for personal reasons.
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
26/09/2005
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, member of the Audit Committee and Chairman of the Remuneration Committee
Role and responsibilities
Independent Director
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
Mr Tay Gim Sin, Leonard holds 396,000 ordinary shares in the Company.
Past (for the last 5 years)
Aster Marine Pte Ltd
Equatoriale Services Pte Ltd
Oceanic Crusader Pte Ltd
PT Valliant Offshore Maritime
PTSB Holdings Pte Ltd
Resolute Offshore Pte Ltd
Swiber Atlantis Pte Ltd
Swiber Capital Pte Ltd
Swiber Holdings Limited
Swiber PJW 3000 Pte Ltd
Tuscan Offshore Pte Ltd
Swiber Marine (B) Sdn Bhd
Present
Encapture Pte Ltd
Keamanan Offshore (B) Sdn Bhd
Medsea Services B.V
Rui Pte Ltd
Swiber Corporate Pte Ltd
Swiber Offshore Marine Pte Ltd
Swiwar Offshore Pte Limited