Change - Announcement of Cessation::CESSATION OF NON-EXECUTIVE DIRECTOR AND MEMBER OF AUDIT COMMITTEE

Issuer & Securities

Issuer/ Manager
DESIGN STUDIO GROUP LTD.
Securities
DESIGN STUDIO GROUP LTD. - SG1O90915222 - D11
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Sep-2016 17:13:02
Status
New
Announcement Sub Title
CESSATION OF NON-EXECUTIVE DIRECTOR AND MEMBER OF AUDIT COMMITTEE
Announcement Reference
SG160922OTHRF276
Submitted By (Co./ Ind. Name)
Hazel Chia
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
CESSATION OF NON-EXECUTIVE DIRECTOR AND MEMBER OF THE AUDIT COMMITTEE

Additional Details

Name Of Person
MUHAMMAD UMAR SALEEM
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
21/09/2016
Detailed Reason (s) for cessation
Mr Muhammad Umar Saleem has resigned as Group CFO of Depa Limited, the ultimate controlling shareholder of the Company.
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
09/11/2010
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director and Audit Committee Member
Role and responsibilities
Non-executive
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)
DDS Asia Holdings Pte Ltd
Present
Nil