Change - Announcement of Cessation::Resignation of Independent and Non-Executive Director

Issuer & Securities

Issuer/ Manager
ANNICA HOLDINGS LIMITED
Securities
ANNICA HOLDINGS LIMITED - SG1J70891671 - 5AL
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Jan-2016 21:18:50
Status
New
Announcement Sub Title
Resignation of Independent and Non-Executive Director
Announcement Reference
SG160120OTHR55ZO
Submitted By (Co./ Ind. Name)
Sandra Liz Hon Ai Ling
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's Continuing Sponsor, Stamford Corporate Services Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Bernard Lui:
Telephone number: (65) 6389 3000
Email address: Bernard.lui@morganlewis.com

Additional Details

Name Of Person
Augustine A/L T.K. James
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
20/01/2016
Detailed Reason (s) for cessation
Mr. Augustine A/L T.K. James ("Mr. Augustine") has decided to resign as Lead Independent and Non-Executive Director, Chairman of Audit Committee and Member of Nominating Committee and Remuneration Committee of the Company to allow more time and attention to his current and anticipated work commitments.

Based on its enquiries, the Company's Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Augustine as Lead Independent and Non-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
30/04/2013
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent and Non-Executive Director, Chairman of Audit Committee and Member of Nominating Committee and Remuneration Committee
Role and responsibilities
Responsibilities as Lead Independent and Non-Executive Director, Chairman of Audit Committee and Member of Nominating Committee and Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
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