Change - Announcement of Cessation::Cessation of Executive Chairman
Issuer & Securities
Issuer/ Manager
NEW TOYO INTERNATIONAL HOLDINGS LTD
Securities
NEW TOYO INT HLDGS LTD - SG1E32850828 - N08
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Sep-2016 19:11:05
Status
New
Announcement Sub Title
Cessation of Executive Chairman
Announcement Reference
SG160901OTHRDIO5
Submitted By (Co./ Ind. Name)
Lee Wei Hsiung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Executive Chairman
Additional Details
Name Of Person
Angela Heng Chor Kiang
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
01/09/2016
Detailed Reason (s) for cessation
In conjunction with Mr Yen Wen Hwa's appointment as Non-Executive Chairman of the Company, Ms Angela Heng Chor Kiang has stepped down as Executive Chairman and has been appointed the Group Chief Executive Officer. She remains an Executive Director of the Company.
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
27/03/2014
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.)
Executive Director and Executive Chairman
Role and responsibilities
Responsible for the overall strategic directions and management of the Company.
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?
Yes
Shareholding Details
500,000 ordinary shares
Past (for the last 5 years)
1. Benline Investment Holdings Pte. Ltd.
2. Thai Toyo Aluminium Packaging Company Limited
Present
1. Fast Win Enterprise Limited
2. Max Ease International Limited
3. New Toyo Adelaide Pty Ltd
4. New Toyo International Co (Pte) Ltd
5. New Toyo Lamination (M) Pte. Ltd.
6. Tien Wah Press Holdings Berhad
7. Tien Wah Holdings (1990) Sdn Bhd
8. Sealink International Limited
9. New Toyo Paper Products (Shanghai) Co., Ltd
10. New Toyo Corrugated Products Pte Ltd
11. New Toyo Ventures Pte. Ltd.
12. Singapore Pacific Investments Pte. Ltd.
13. Pacific Eagle Investment Limited
14. Alliance Innovative Solutions Pte. Ltd.
15. Wuhu New Asia Paper Products Co Ltd
16. Vina Toyo Co Ltd
17. Anzpac Services (Australia) Pty Limited
18. Paper Base Converting Sdn Bhd
19. Toyoma Non Carbon Paper Manufacturer Sdn Bhd
Attachments
NTIH_Changes to the Board of Directors and Key Management.pdf
Total size =41K
Related Announcements
Related Announcements