Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
W CORPORATION LIMITED
Securities
W CORPORATION LIMITED - BMG4897Y1223 - AFC
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Aug-2014 23:12:18
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG140829OTHR6GC1
Submitted By (Co./ Ind. Name)
Chong Chee Hoong
Designation
Independent Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director

Additional Details

Name Of Person
Tay Wee Kwang
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
29/08/2014
Detailed Reason (s) for cessation
Pursuant to the re-constitution of the composition of the board of directors of the Company with immediate effect upon the completion of the Proposed Exchange.
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
01/04/2013
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)
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, a member of Audit Committee, Nominating Committee and Remuneration Committee of the Company.
Role and responsibilities
Duties as an Independent Director and as a member of the Audit Committee, 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
NONE
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
See Annexure A
Present
1.Asia Renewable Energy Private Limited
2. Changyi Enersave Biomass to Energy Co., Ltd
3.Hongwei Technologies Limited
4.Sino TechFibre Limited
5.Sincap Group Limited
6.Mattias Johnson Investment Limited

Attachments

Tay_Wee_Kwang-Annexure_A.pdf
Total size =185K