Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER

Issuer & Securities

Issuer/ Manager
TRANSCU GROUP LIMITED
Securities
TRANSCU GROUP LIMITED - SG1B05007508 - E15

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Apr-2014 18:19:29
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER
Announcement Reference
SG140403OTHRKE5W
Submitted By (Co./ Ind. Name)
Alan David Gordon
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER

Additional Details

Name Of Person
Wang Nan Chee
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
03/04/2014
Detailed Reason (s) for cessation
Retired. Mr Wang did not seek re-appointment at the Annual General Meeting held on 3 April 2014
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
15/09/2010
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of RC and Member of AC.
Role and responsibilities
Responsibilities as an Independent Director, Chairman of RC and Member of AC.
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?
Yes
Shareholding Details
1,028,000 Shares in Transcu Group Limited
Other Directorships
Past (for the last 5 years)
No
Present
No