Change - Announcement of Cessation::Cessation of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
DARCO WATER TECHNOLOGIES LIMITED
Securities
DARCO WATER TECHNOLOGIES LTD - SG1CC9000009 - BLR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-May-2016 20:16:05
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer
Announcement Reference
SG160531OTHRY83G
Submitted By (Co./ Ind. Name)
Thye Kim Meng
Designation
Managing Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Financial Officer

Additional Details

Name Of Person
Tan Sze Leng
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2016
Detailed Reason (s) for cessation
Pursue other career opportunity
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
23/09/2013
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Executive. Responsible for overseeing the Group's financial and risk functions.
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)
Independent Director, Foreland Fabrictech Holdings Limited from 31 May 2014 to 10 September 2014
Present
Nil