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

Issuer & Securities

Issuer/ Manager
DISA LIMITED
Securities
DISA LIMITED - SG0532000247 - 532
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Oct-2019 18:17:17
Status
New
Announcement Sub Title
Resignation as Non-Executive and Independent Director
Announcement Reference
SG191018OTHRX3MC
Submitted By (Co./ Ind. Name)
Noraini Latiff
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's Sponsor, SAC Capital Private Limited Private Limited ("Sponsor").This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("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. Ong Hwee Li (Registered Professional, SAC Capital Private Limited). Address: 1 Robinson Road, #21-00 AIA Tower, Singapore 048542. Telephone number: +65 6232 3210.

Additional Details

Name Of Person
Kan Ah Chye
Age
74
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2019
Detailed Reason (s) for cessation
To pursue other interests and opportunities.

The Sponsor, after having interviewed Mr Kan Ah Chye ("Mr Kan"), is satisfied that other than as disclosed in the announcement, there is no other reason for the resignation of Mr Kan.
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
12/02/2012
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.)
Non-Executive and Independent Director
Chairman of the RC
Member of the 1) Audit & Risks Management Committee 2) NC
Role and responsibilities
Appointment is 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?
Yes
Shareholding Details
2,500,000 ordinary shares in the Company (direct interest)
2,500,000 Share Options in the Company
Past (for the last 5 years)
Compact Metal Industries Ltd.
Present
International Cement Group Ltd
Compact Metal Industries Pte Ltd
Aluform Marketing Pte Ltd
Integrate Pte Ltd
Facademaster Pte Ltd
Compact Metal Industries Sdn Bhd
Facademaster Sdn Bhd
Selaco Aluminium Berhad
Ratus Projek Sdn Bhd
Compact Bricks Sdn Bhd