Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
HANWELL HOLDINGS LIMITED
Securities
HANWELL HOLDINGS LIMITED - SG1V81937806 - DM0
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Apr-2016 17:47:10
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG160422OTHR8HF2
Submitted By (Co./ Ind. Name)
Chew Kok Liang
Designation
Company Secretary
Effective Date and Time of the event
22/04/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director. Upon cessation as a director of the Company, Mr. Tao will relinquish all his positions as Independent Director, Chairman of the Remuneration Commitee and a member of Audit Committee

Additional Details

Name Of Person
Tao Yeoh Chi
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
22/04/2016
Detailed Reason (s) for cessation
To pursue personal priorities.
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
13/11/1997
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Remuneration Commitee and a member of Audit Committee
Role and responsibilities
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?
No
Past (for the last 5 years)
EE Hoe Hean Club
Next-Generation Satellite Communications Limited
Cedar Strategic Holdings Ltd.
PSC Resort Pte Ltd
Jinri Technology Pte. Ltd.
Eratat Lifestyle Investment Holding Pte. Ltd.
Eratat Lifestyle Limited (under Judicial Management)
Present
Sapphire Corporation Limited
Universe Group (Singapore) Pte Ltd
Global Resources & Consultants Pte. Ltd.
UON, Singapore Pte. Ltd.
Singapore Edevelopment Limited