ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER
* Asterisks denote mandatory information
Name of Announcer *
NICO STEEL HOLDINGS LIMITED
Company Registration No.
200104166D
Announcement submitted on behalf of
NICO STEEL HOLDINGS LIMITED
Announcement is submitted with respect to *
NICO STEEL HOLDINGS LIMITED
Announcement is submitted by *
Sharon Yeoh
Designation *
Company Secretary
Date & Time of Broadcast
28-Feb-2014 22:30:30
Announcement No.
00392
ANNOUNCEMENT DETAILS
The details of the announcement start here ...
Name of person *
Tan Soo Kiat
Age *
55
Is Effective Date of Cessation known? *
Yes
28/02/2014
Detailed Reason(s) for cessation *
Pursuant to Guideline 2.4 of the Code of Corporate Governance 2012, Mr Tan Soo Kiat has resigned as a Director of the Company, after serving as a director for nine years. Mr Tans effective date of resignation is 28 February 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
If yes, please elaborate *
NA
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
If yes, please elaborate *
NA
Any other relevant information to be provided to shareholders of the listed issuer? *
No
If yes, please elaborate *
NA
Date of Appointment to current position *
24/11/2004
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) *
Independent Director, Chairman of Remuneration Committee, Chairman of Nominating Committee, Member of Audit Committee
Role and responsibilities *
Fulfilling the responsibilities of an Independent Director, Chairman of Remuneration Committee, Chairman of Nominating Committee and member of Audit Committee.
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) *
One
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months *
Nil
Shareholding
* in the listed issuer and its subsidiaries *
Nil
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *
Nil
OTHER DIRECTORSHIPS
Past (for the last 5 years) *
1. Achieve Glory Limited
2. Asiasons WFG Financial Ltd.
3. China Lifestyle Food and Beverages Group Limited
4. China Precision Technology Ltd.
5. Luye Pharma Group Ltd.
6. OKH Global Ltd.
Present *
1. Arana Assets Limited
2. Dyna-Mac Holdings Ltd.
3. Intergate Pte. Ltd.
4. Nam Lee Pressed Metal Industries Limited
Footnotes
Nil
Attachments
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