Change - Announcement of Cessation::RESIGNATION OF NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
SINOPIPE HOLDINGS LIMITED
Securities
SINOPIPE HOLDINGS LIMITED - SG1S70928191 - X06
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Feb-2018 20:57:13
Status
New
Announcement Sub Title
RESIGNATION OF NON-EXECUTIVE DIRECTOR
Announcement Reference
SG180228OTHRYMU9
Submitted By (Co./ Ind. Name)
Mr Wang Sen
Designation
Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Resignation of a Non-Executive Director.

Additional Details

Name Of Person
Mr Tommy Lybianto
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
28/02/2018
Detailed Reason (s) for cessation
Mr Tommy requires more time and has more work commitment to manage the operations of his own 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
06/08/2016
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.)
Non-Executive Director and AC member
Role and responsibilities
Non-executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Son of Mr Kusnadi Lybianto, a substantial shareholder of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Tommy Lybianto is deemed to own 29,401,600 shares which are held by his father, Mr Kusnadi Lybianto.
Past (for the last 5 years)
Nil.
Present
PT. Triwira Insanlestari, TBK