Change - Announcement of Cessation::Resignation of Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
BEST WORLD INTERNATIONAL LIMITED
Securities
BEST WORLD INTERNATIONAL LTD - SG1P81919679 - 5ER
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Feb-2016 17:52:47
Status
New
Announcement Sub Title
Resignation of Non-Executive Independent Director
Announcement Reference
SG160223OTHRE82L
Submitted By (Co./ Ind. Name)
Huang Ban Chin
Designation
Director and Chief Operating Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Independent Director

Additional Details

Name Of Person
Lee Teck Leng, Robson
Age
48
Is effective date of cessation known?
Yes
If yes, please provide the date
22/02/2016
Detailed Reason (s) for cessation
Mr Lee Teck Leng Robson's resignation from the Board is a mutual decision agreed with Management. There is no discord with Management as at the date of his resignation on 22 February 2016.
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
24/05/2004
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)
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.)
Non-executive independent director, Chairman of the Remuneration Committee, a member of the Audit Committee and Nominating Committee.
Role and responsibilities
Non-executive independent director
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
66,000 shares
Past (for the last 5 years)
Green Build Technology Limited
(formerly known as Youyue International Limited)
Present
Man Wah Holdings Limited (Listed in Hong Kong Stock Exchange)
Matex International Limited
Sim Lian Group Limited
Serial System Ltd
Sheng Siong Group Ltd
OKH Global Limited