Change - Announcement of Cessation::Cessation of Mr Er Kwong Wah as director

Issuer & Securities

Issuer/ Manager
USP GROUP LIMITED
Securities
USP GROUP LIMITED - SG1CH0000007 - BRS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Sep-2019 23:00:04
Status
New
Announcement Sub Title
Cessation of Mr Er Kwong Wah as director
Announcement Reference
SG190930OTHRR4QC
Submitted By (Co./ Ind. Name)
Nah Ee Ling
Designation
CFO
Description (Please provide a detailed description of the event in the box below)
Pursuant to the conclusion of the AGM held on 30 Sep 2019, Mr Er Kwong Wah will cease to be the director with immediate effect.

Additional Details

Name Of Person
Er Kwong Wah
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
30/09/2019
Detailed Reason (s) for cessation
Pursuant to the conclusion of the AGM held on 30 Sep 2019, Mr Er Kwong Wah has ceased to be the director with immediate effect.
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
01/08/2019
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, AC Chairman, NC Member and RC member.
Role and responsibilities
As above
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
Past (for the last 5 years)
1. Firstlink Investments Corporation Limited
2. Glopeak Land Pte Ltd
3. Singatronics Investment Pte Ltd
4. Firstlink Energy Pte Ltd
5. Glopeak Properties and Hotels Pte Ltd
6. Exquisite Concierge Pte Ltd
7. Infinity Capital Partners (S) Pte Ltd
8. GKE Corporation Limited
9. East Asia Institute Management Pte Ltd
10. China Environment Ltd
11. Firstlink Capital Pte Ltd
12. Firstlink Investment Advisory Pte Ltd
13. China Dongyuan Environment Pte Ltd
14. Keluarga International Pte Ltd
15. Success Dragon International Holdings Ltd
16. Unidux Electronics Ltd
17. Hartawan Holdings Ltd
18. China Oilfield Technology Services Group Ltd
19. Raffles Institution (S) Pte Ltd
20. Raffles Junior College (S) Pte Ltd
21. Tsao Foundation
22. China Essence Group Ltd (delisted)
23. China Sky Chemical Fiber Co., Ltd (under judicial management)

Present
1. CFM Holdings Limited
2. Chaswood Resources Holdings Ltd
3. Cosco Shipping International (Singapore) Co., Ltd
4. Ecowise Holdings Limited
5. The Place Holdings Limited
6. The Thai Prime Fund Limited (Unlisted)
7. Luxking Group Holdings Ltd