Change - Announcement of Cessation::Resignation of Director
Issuer & Securities
LCD GLOBAL INVESTMENTS LTD.
LCD GLOBAL INVESTMENTS LTD. - SG1C01001033 - L38
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Resignation of Director
Submitted By (Co./ Ind. Name)
Iris Wu Hwee Tan
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Nobuyoshi Fujisawa as a Director.
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Following the acceptance by JTrust Asia Pte. Ltd. of the voluntary conditional cash offer made by DBS Bank Ltd., for and on behalf of AF Global Pte. Ltd. (the "Offeror"), for all the issued and paid-up ordinary shares in the capital of the Company, other than those already owned, controlled or agreed to be acquired by the Offeror and its concert parties. His resignation took effect immediately after the close of the said offer on 12 March 2015.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Role and responsibilities
Oversee the corporate strategy and business development of the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Jun 2010: Director / JTrust Co., Ltd.
Jun 2010: Director / Adores Inc.
Oct 2010: Director & Supreme Advisor / JTrust Co., Ltd.
Oct 2010: Representative Director & Chairman / Next Japan Holdings Co., Ltd. (current JTrust Co., Ltd.)
May 2011: Representative Director & Chairman / Adores Inc.
Mar 2015: LCD Global Investments Ltd
Mar 2009: President & Representative Director / NLHD Co., Ltd.
Jun 2011: President & CEO / JTrust Co., Ltd.
Oct 2013: Managing Director / JTrust Asia Pte. Ltd.
Jan 2014: Chairman / Chinae Savings Bank Co., Ltd.
May 2014: Chairman / Adores Inc.
Jan 2015: Managing Director / Fujisawa Pte. Ltd.