Change - Announcement of Cessation::Cessation as Non-Executive Director

Issuer & Securities

Issuer/ Manager
HOTUNG INVESTMENT HLDGS LTD
Securities
HOTUNG INVESTMENT HLDGS LTD - BMG4612P1095 - NT1

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2014 17:52:10
Status
New
Announcement Sub Title
Cessation as Non-Executive Director
Announcement Reference
SG140429OTHRIQUS
Submitted By (Co./ Ind. Name)
Shu-Hui Lo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see details below.

Additional Details

Name Of Person
Fang-Chu Sun
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2014
Detailed Reason (s) for cessation
Ms. Fang-Chu Sun indicated her retirement voluntarily to the Company and her intention not to seek re-electionat at the Annual General Meeting of the Company on April 29, 2014 pursuant to Bye-laws 94 and 95 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
13/08/2010
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.)
Director
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
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Financial eSolution Co., Ltd., Allied Biotech Corp., HanTech Venture Capital Co., Ltd., International Venture Capital Investment Corporation, Euroc Venture Capital Corp., Terawins, Inc., Mega Management Consulting Corporation, Yung-Shing Industries Co.
Present
ID Branding Venture Capital Co., Ltd.