Change - Announcement of Cessation::Termination of Employment of Executive Director

Issuer & Securities

Issuer/ Manager
DMX TECHNOLOGIES GROUP LTD
Securities
DMX TECHNOLOGIES GROUP LTD - BMG278221087 - 5CH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Sep-2015 22:36:43
Status
New
Announcement Sub Title
Termination of Employment of Executive Director
Announcement Reference
SG150907OTHRZWKP
Submitted By (Co./ Ind. Name)
Iwao Oishi
Designation
Vice Chairman and Acting Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Termination of Employment of Executive Director

Additional Details

Name Of Person
Emmy Wu
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
07/09/2015
Detailed Reason (s) for cessation
Please see announcement released by Company on 7 September 2015 relating to the termination of Mr Emmy Wu.
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?
Yes
If Yes, Please provide full details
Please see announcement released by Company on 7 September 2015 relating to the termination of Mr Emmy Wu.
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please see announcement released by Company on 7 September 2015 relating to the termination of Mr Emmy Wu.
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please see announcement released by Company on 7 September 2015 relating to the termination of Mr Emmy Wu.
Date of Appointment to current position
09/11/2006
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
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Executive Chairman
Role and responsibilities
Leads the Board to ensure the Board's effectiveness on all aspect of its role and to exercise control over the quality and timeliness of the flow of information between Board of Directors and the Management of the Group
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 in the Company's shares
- 2,278,347 ordinary shares (0.2% of the issued capital of the Company)

Deemed interest in the Company's shares
- 43,283,647 ordinary shares (3.73% of the issued capital of the Company)
Past (for the last 5 years)
1MP (HK) LIMITED
NETTASKING TECHNOLOGY (BVI) LTD
PACKET SYSTEMS PTE. LTD.
Present
BRILLIANT RAINBOW INVESTMENT LIMITED
BRILLIANT REGAL INVESTMENT LIMITED
HUBBARD MANAGEMENT LIMITED
SURE BRIGHT INVESTMENT LIMITED
GROUP EQUITY INTERNATIONAL LIMITED
FAST ON LIMITED
BEE MEDIASOFT LIMITED
DMX (BVI) LIMITED
DMX TECHNOLOGIES (HONG KONG) LIMITED
DMX TECHNOLOGIES SDN BHD
DMX TECHNOLOGIES (S'PORE) PTE LTD
LOTUN TECHNOLOGIES LIMITED
1MP LIMITED
DMX TECHNOLOGIES (MACAO COMMERCIAL OFFSHORE) CO. LTD
PT PACKET SYSTEMS INDONESIA