Change - Announcement of Cessation::CESSATION OF ALTERNATE DIRECTOR

Issuer & Securities

Issuer/ Manager
INTRACO LIMITED
Securities
INTRACO LIMITED - SG1D87001195 - I06
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Apr-2015 18:10:04
Status
New
Announcement Sub Title
CESSATION OF ALTERNATE DIRECTOR
Announcement Reference
SG150427OTHR2AVY
Submitted By (Co./ Ind. Name)
Tan San-Ju
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
CESSATION OF ALTERNATE DIRECTOR TO MR WONG MENG CHOONG

Additional Details

Name Of Person
NG SAN TIONG
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2015
Detailed Reason (s) for cessation
Mr Wong Meng Choong retired as a Director at the conclusion of the Company's Annual General Meeting on 27 April 2015. Accordingly, Mr Ng San Tiong has ceased as alternate director to Mr Wong Meng Choong.
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
07/12/2012
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)
3
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.)
Alternate Director to Mr Wong Meng Choong
Role and responsibilities
As above
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
TH Investments Pte Ltd owns 29,486,148, representing 28.43% in the interest of the issued share capital of the Company.

TH Investment Pte Ltd is wholly owned by Tat Hong Investments Pte Ltd, which in turn is wholly owned by Chwee Cheng & Sons Pte Ltd. 42.03% of the issued share capital of Chwee Cheng & Sons Pte Ltd is owned by The Chwee Cheng Trust constituted under a trust deed. Mr Ng San Tiong, Mr Ng Sun Ho, Mr Ng San Wee and Mr Ng Sun Giam are the joint trustees of The Chwee Cheng Trust.

Pursuant to Section 7 of the Companies Act, Cap. 50, Mr Ng San Tiong has a deemed interest in The Chwee Cheng Trust's 42.03% shareholding interest in Chwee Cheng & Sons Pte Ltd and a direct interest of 11.10% in Chwee Cheng & Sons Pte Ltd. Accordingly, Mr Ng San Tiong has a deemed interest in 28.43% of the issued share capital of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
TH Investments Pte Ltd owns 29,486,148, representing 28.43% in the interest of the issued share capital of the Company.

TH Investment Pte Ltd is wholly owned by Tat Hong Investments Pte Ltd, which in turn is wholly owned by Chwee Cheng & Sons Pte Ltd. 42.03% of the issued share capital of Chwee Cheng & Sons Pte Ltd is owned by The Chwee Cheng Trust constituted under a trust deed. Mr Ng San Tiong, Mr Ng Sun Ho, Mr Ng San Wee and Mr Ng Sun Giam are the joint trustees of The Chwee Cheng Trust.

Pursuant to Section 7 of the Companies Act, Cap. 50, Mr Ng San Tiong has a deemed interest in The Chwee Cheng Trust's 42.03% shareholding interest in Chwee Cheng & Sons Pte Ltd and a direct interest of 11.10% in Chwee Cheng & Sons Pte Ltd. Accordingly, Mr Ng San Tiong has a deemed interest in 28.43% of the issued share capital of the Company.
Past (for the last 5 years)
Please refer to the attachment
Present
Please refer to the attachment

Attachments

Directorships_Past_Present_NST.pdf
Total size =336K