Change - Announcement of Cessation::RESIGNATION OF NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
ARTIVISION TECHNOLOGIES LTD.
Securities
ARTIVISION TECHNOLOGIES LTD. - SG1X21941023 - 5NK
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Nov-2016 17:31:52
Status
New
Announcement Sub Title
RESIGNATION OF NON-EXECUTIVE DIRECTOR
Announcement Reference
SG161121OTHRZG0O
Submitted By (Co./ Ind. Name)
SOH SAI KIANG
Designation
NON-EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
RESIGNATION OF NON-EXECUTIVE DIRECTOR

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the 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 Ms. Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone (65) 6636 4201.

Additional Details

Name Of Person
Low See Ching (Liu Shijin)
Age
41
Is effective date of cessation known?
Yes
If yes, please provide the date
22/11/2016
Detailed Reason (s) for cessation
Mr Low See Ching has resigned due to his other work commitments.

ZICO Capital Pte. Ltd., after having interviewed Mr Low See Ching, is satisfied that, other than as disclosed in this announcement, there are no material reasons for the resignation of Mr Low See Ching.
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
28/03/2016
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)
4
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.)
Non-Executive 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?
Yes
Shareholding Details
Mr Low See Ching has 18,750,000 share options granted by the Company in accordance with an option deed entered into by the Company on 31 December 2015 which are exercisable into 18,750,000 new shares in the capital of the Company.
Past (for the last 5 years)
Please refer to Appendix 1
Present
Please refer to Appendix 2

Attachments

Appendix 1 - The Past Directorship of Mr Low See Ching.pdf
Appendix 2 - The Present Directorship of Mr Low See Ching.pdf
Total size =584K