Change - Announcement of Cessation::Cessation as Independent Director

Issuer & Securities

Issuer/ Manager
PCI LIMITED
Securities
PCI LTD - SG0534000260 - P19
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Oct-2014 17:50:48
Status
New
Announcement Sub Title
Cessation as Independent Director
Announcement Reference
SG141024OTHRG1H6
Submitted By (Co./ Ind. Name)
Valerie Tan May Wei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation as Independent Director

Additional Details

Name Of Person
Ms Tey Swee Nai, Nancy
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
24/10/2014
Detailed Reason (s) for cessation
Ms Tey Swee Nai, Nancy retired from the Board and did not seek re-appointment at the 2014 PCI Limited Annual General Meeting on 24 October 2014, so as to pursue her personal interests.

The Board wishes to express its appreciation to Ms Tey for her dedication, invaluable contributions and insightful advice during her tenure.
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
01/02/2005
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)
1
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
Role and responsibilities
Chairman of Audit Committee and Member of Remuneration and Nominating Committees
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?
No
Past (for the last 5 years)
Central Commodity Services (Private) Limited (Dissolved on 14/06/2014)
Ju Da Private Limited (Struck Off on 07/03/2012)
Present
Nil