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

Issuer & Securities

Issuer/ Manager
MANUFACTURING INTEGRATION TECHNOLOGY LTD.
Securities
MFG INTEGRATION TECHNOLOGY LTD - SG1H45875967 - M11
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Apr-2021 18:20:57
Status
New
Announcement Sub Title
Cessation of Non-Executive and Non-Independent Director
Announcement Reference
SG210412OTHRN2QA
Submitted By (Co./ Ind. Name)
Lim Chin Hong
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Lim Chin Tong as Non-Executive and Non-Independent Director.

Additional Details

Name Of Person
Lim Chin Tong
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2021
Detailed Reason (s) for cessation
Mr Lim Chin Tong did not seek for re-election as Director of the Company at the Annual General Meeting to be held on 28 April 2021. Accordingly, Mr Lim Chin Tong has retired and ceased as Director of the Company pursuant to Article 91 of the Constitution 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
15/02/2005
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director, member of Remuneration Committee and Investment Committee
Role and responsibilities
Non-Executive and Non-Independent Director
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?
Yes
Shareholding Details
Direct Interest - 2,096,000 ordinary shares
Past (for the last 5 years)
Jiaxinda Printing Group (S) Pte Ltd
Metal Component Engineering Ltd
NYP Ventures Pte Ltd
Present
Hosay Holdings Ltd
Nanyang Polytechnic International Pte Ltd
Zero Error Systems Pte Ltd