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

Issuer & Securities

Issuer/ Manager
DMX TECHNOLOGIES GROUP LTD
Securities
DMX TECHNOLOGIES GROUP LTD - BMG278221087 - 5CH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Jan-2015 18:34:30
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director
Announcement Reference
SG150127OTHRX7QG
Submitted By (Co./ Ind. Name)
Jismyl Teo Chor Khin
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
Please see below.

Additional Details

Name Of Person
Daniel Kung
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
26/01/2015
Detailed Reason (s) for cessation
Due to lack of time resources to serve DMX Technologies Group Limited and his private business.
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
26/02/2013
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director and member of Audit, Nominating and Remuneration Committees
Role and responsibilities
The duties, roles and responsibilities of an Independent Non-Executive Director and member of Audit, 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
Other Directorships
Past (for the last 5 years)
Nil
Present
Carlsen Resources Ltd
Mountain Lake Investment Ltd
Elegant World Enterprise Ltd
Elegant Shine Ltd
Happy & Ease Ltd
SEC Ltd
Rich Star Investment Ltd
Glory Pleasure Finance Ltd (formerly known as Glory Pleasure Ltd)
DK Group Ltd
Aoba CPA Ltd
Aoba Business Consulting Ltd
Jonten Hopkins CPA Ltd
Hopkins Consulting Ltd