Change - Announcement of Cessation::Cessation of Executive Officer of Nordic Group Limited

Issuer & Securities

Issuer/ Manager
NORDIC GROUP LIMITED
Securities
NORDIC GROUP LIMITED - SG2C45963924 - MR7

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Jun-2014 17:25:42
Status
New
Announcement Sub Title
Cessation of Executive Officer of Nordic Group Limited
Announcement Reference
SG140630OTHRG3YP
Submitted By (Co./ Ind. Name)
Chang Yeh Hong
Designation
Chairman/Director
Effective Date and Time of the event
30/06/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Fong Kwan Meng as Director and Chief Executive Officer of Multiheight Scaffolding Pte Ltd.

Additional Details

Name Of Person
Fong Kwan Meng
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2014
Detailed Reason (s) for cessation
Fong Kwan Meng has resigned as Director and Chief Executive Officer of Multiheight Scaffolding Pte Ltd with effect from 30 June 2014 to pursue personal interest. His duties will be taken over by the COO of Multiheights Scaffolding Pte Ltd.
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
01/08/2013
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)
3
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.)
Chief Executive Officer of Multiheight Scaffolding Pte Ltd.
Role and responsibilities
Responsible for directing the Multiheight Group's overall strategy and growth.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
N.A.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
(1)Multiheight Scaffolding Pte Ltd (2) Multiheight Marine Pte Ltd
Present
Nil