Change - Announcement of Cessation::RESIGNATION AS EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
ANNAIK LIMITED
Securities
ANNAIK LIMITED - SG1O45913009 - A52
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2017 19:06:24
Status
New
Announcement Sub Title
RESIGNATION AS EXECUTIVE DIRECTOR
Announcement Reference
SG170425OTHRUJ8I
Submitted By (Co./ Ind. Name)
NG KIM KEANG
Designation
EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)
RESIGNATION AS EXECUTIVE DIRECTOR

Additional Details

Name Of Person
Mr Koh Beng Leong
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2017
Detailed Reason (s) for cessation
Mr Koh, who has resigned as an Executive Director at the Company s Annual General Meeting ( AGM ) will continue to serve the Company and remain at his position as Executive Director of AnnAik Pte. Ltd.

Based on its enquiries, the Company s Sponsor, Hong Leong Finance Limited, is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Koh as an Executive Director of AnnAik Limited.
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
01/01/2011
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.)
Executive Director
Role and responsibilities
Mr Koh assists the Management in managing the Group s operations, development and expansion.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Koh is the nephew of Mr Ow Chin Seng and cousin of Mr Ow Eei Meng, Benjamin.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
12,000 SHARES
Past (for the last 5 years)
1. Shinsei Company (S) Pte. Ltd.
Present
1. Anxon Envirotech Pte. Ltd.
2. Sunlight Group Hldg Ltd
3. Anxon Engineering Pte. Ltd.
4. Ann Aik Pte. Ltd.
5. AnnAik & Partners (S) Pte. Ltd.
6. Anxon Environmental Pte. Ltd.
7. Anxon Eco Holdings Pte. Ltd.
8. Chaoda Valve Singapore Pte. Ltd.
9. Dalian Shicheng Property Development (S) Pte. Ltd.
10. Pioneer Environmental Technology Pte. Ltd.
11. Wesco Steel Pte. Ltd.
12. Ichinose Emico Valves (S) Pte. Ltd.
13. Metal Wang Pte. Ltd.