Change - Announcement of Cessation::Cessation as a Director

Issuer & Securities

Issuer/ Manager
DMX TECHNOLOGIES GROUP LTD
Securities
DMX TECHNOLOGIES GROUP LTD - BMG278221087 - 5CH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
05-Apr-2016 22:23:11
Status
New
Announcement Sub Title
Cessation as a Director
Announcement Reference
SG160405OTHR5LOW
Submitted By (Co./ Ind. Name)
Iwao Oishi
Designation
Executive Director, Vice Chairman and Acting Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Ms. Jismyl Teo Chor Khin's cessation as a Director

Additional Details

Name Of Person
Jismyl Teo Chor Khin
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
05/04/2016
Detailed Reason (s) for cessation
As Ms. Jismyl Teo Chor Khin, the Director of the Company, has been absent from meetings of the board for six consecutive months without special leave of absence from the board. Pursuant to Article 102(A)(iii) of the Company's Bye-Laws , Ms. Jismyl Teo Chor Khin is removed as a director.
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?
Yes
If Yes, Please provide full details
Please see announcements released by Company on 5 April 2016 relating to removal of Directors and the relevant announcement released on 4 September 2015 relating to termination of Ms. Jismyl Teo Chor Khin.
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please see announcements released by Company on 5 April 2016 relating to removal of Directors and the relevant announcement released on 4 September 2015 relating to termination of Ms. Jismyl Teo Chor Khin.
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please see announcements released by Company on 5 April 2016 relating to removal of Directors and the relevant announcement released on 4 September 2015 relating to termination of Ms. Jismyl Teo Chor Khin.
Date of Appointment to current position
04/09/2015
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
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director
Role and responsibilities
The duties, roles and responsibilities of a 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
Direct interest in the Company's shares
- 2,907,558 ordinary shares (0.25% of the issued capital of the Company)

Deemed interest in the Company's shares
- 55,167,967 ordinary shares (4.75% of the issued capital of the Company)
Past (for the last 5 years)
1 MP (HK) LIMITED
NETTASKING TECHNOLOGY (BVI) LTD
PACKET SYSTEMS PTE. LTD.
Present
1MP LIMITED
BEE MEDIASOFT LIMITED
BJ DMX TECHNOLOGY LTD
DMX (BVI) LIMITED
DMX TECHNOLOGIES (HONG KONG) LIMITED
DMX TECHNOLOGIES SDN BHD
DMX TECHNOLOGIES (S'PORE) PTE LTD
DMXTECHNOLOGIES (CHINA) LIMITED
DMX TECHNOLOGIES (INDIA) PRIVATE LTD
DMX TECHNOLOGIES (MACAO COMMERCIAL OFFSHORE) CO. LIMITED
DMX TECHNOLOGIES KOREA CO. LTD.
LOTUN TECHNOLOGY LIMITED
PACKET SYSTEMS (MALAYSIA) SDN BHD
PT PACKET SYSTEMS INDONESIA
EAGLE ONE CONSULTANTS LIMITED
GROUP EQUITY INTERNATIONAL LIMITED