Change - Announcement of Cessation::Resignation of Executive Director

Issuer & Securities

Issuer/ Manager
EUCON HOLDING LIMITED
Securities
EUCON HOLDING LIMITED - SG1Q02920318 - E27
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Dec-2014 19:17:06
Status
New
Announcement Sub Title
Resignation of Executive Director
Announcement Reference
SG141203OTHROA5Z
Submitted By (Co./ Ind. Name)
Wen Yao-Long
Designation
Executive Chairman/Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Wen Yao-Chou as an Executive Director of Eucon Holding Limited.

Additional Details

Name Of Person
Wen Yao-Chou
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
31/12/2014
Detailed Reason (s) for cessation
For health reasons and to pursue personal interest.
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
02/01/2003
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Mr Wen is responsible for the Group's business development and strategic planning. He heads the operations of the manufacturing plant in Taiwan, LGANG Optronics Technology Co., Ltd. He is also responsible for the sales and marketing functions of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Brother of Mr Wen Yao-Long, Executive Chairman and Chief Executive Officer of Eucon Holding Limited.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Shareholding of 4,797,643 ordinary shares registered in his own name.
Other Directorships
Past (for the last 5 years)
-
Present
Shanghai Zeng Kang Electronic Co., Ltd;
Shanghai Zhuo Kai Electronic Technology Co., Ltd;
Shanghai Eu Ya Electronic Technology Co., Ltd;
Shanghai Lian Han Xin Electronic Technology Co., Ltd;
Shanghai Yaolong Electronic Technology Co., Ltd;
LGANG Optronics Technology Co., Ltd