Change - Announcement of Cessation::CESSATION OF NON-EXECUTIVE DIRECTOR AND MEMBER OF NOMINATING COMMITTEE AND REMUNERATION COMMITTEE

Issuer & Securities

Issuer/ Manager
DESIGN STUDIO GROUP LTD.
Securities
DESIGN STUDIO GROUP LTD. - SG1O90915222 - D11
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Jul-2018 19:55:11
Status
New
Announcement Sub Title
CESSATION OF NON-EXECUTIVE DIRECTOR AND MEMBER OF NOMINATING COMMITTEE AND REMUNERATION COMMITTEE
Announcement Reference
SG180719OTHRMT9I
Submitted By (Co./ Ind. Name)
Hazel Chia
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
CESSATION OF NON-EXECUTIVE DIRECTOR AND MEMBER OF NOMINATING COMMITTEE AND REMUNERATION COMMITTEE

Additional Details

Name Of Person
RODERICK DAVID MACIVER
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date
20/07/2018
Detailed Reason (s) for cessation
Mr Roderick David Maciver has resigned as Vice Chairman of Depa Limited, the ultimate controlling shareholder 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
09/11/2015
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)
2
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 Director and a member of Nominating Committee and Remuneration Committee.
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
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
AI Futtaim Group Real Estate
Depa Limited
Present
Nil