Change - Announcement of Cessation::Redesignation of Managing Director as Executive Vice President

Issuer & Securities

Issuer/ Manager
GP INDUSTRIES LIMITED
Securities
GP INDUSTRIES LIMITED - SG1C12012995 - G20
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Feb-2018 18:18:26
Status
New
Announcement Sub Title
Redesignation of Managing Director as Executive Vice President
Announcement Reference
SG180213OTHRJLV2
Submitted By (Co./ Ind. Name)
Kelly Kiar Lee Noi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Redesignation of Mr Brian Li Yiu Cheung from Managing Director to Executive Vice President with effect from 9 February 2018.

Additional Details

Name Of Person
Brian Li Yiu Cheung
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
09/02/2018
Detailed Reason (s) for cessation
Mr Brian Li Yiu Cheung will assume additional responsibilities and has been redesignated as Executive Vice President of the Company. He remains as an Executive Director 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
01/10/2002
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)
5
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 and Executive Vice President
Role and responsibilities
Please refer to the Company's announcement attached as Appendix 1.
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
He is holding 1,465,000 shares in the Company
Past (for the last 5 years)
Please refer to the attached Appendix 2.
Present
Please refer to the attached Appendix 2.

Attachments

Appendix_1_Announcement_GPInd_redesignation_of_MD.pdf
Appendix_2_Directorships.pdf
Total size =792K