Change - Announcement of Cessation::Resignation as Director and retirement as executive

Issuer & Securities

Issuer/ Manager
LCD GLOBAL INVESTMENTS LTD.
Securities
LCD GLOBAL INVESTMENTS LTD. - SG1C01001033 - L38
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Sep-2014 17:54:02
Status
New
Announcement Sub Title
Resignation as Director and retirement as executive
Announcement Reference
SG140925OTHRXCYJ
Submitted By (Co./ Ind. Name)
Iris Wu Hwee Tan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr David Lum Kok Seng as a Director of the Company and his retirement as an executive of the Company.

Additional Details

Name Of Person
David Lum Kok Seng
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date
25/09/2014
Detailed Reason (s) for cessation
Completion of the sale and purchase of shares in the Company as announced on 19 September 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
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
09/04/1990
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)
4
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.)
Senior Executive Director
Role and responsibilities
Responsible for overall corporate strategies and business directions of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Father of Kelvin Lum Wen-Sum, Managing Director of LCD Global Investments Ltd.

Father of Adrian Lum Wen Hong, a director of ZONE X Leisure Pte Ltd, a subsidiary of LCD Global Investments Ltd.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
LCD Global Investments Ltd :
Direct Interest
- 13,152,805 ordinary shares
Past (for the last 5 years)
Holiday Inn City Centre Guangzhou Co., Ltd
Present
LCD Global Investments Ltd
L.C. Hotels Pte Ltd
L.C. Logistics Pte Ltd
LCD Property Pte Ltd
LCD Property Management Pte Ltd
Hillgate Investment Pte Ltd
Draycott Garden Pte Ltd
Richful China Investments Limited
Xuzhou YinJian LumChang Real Estate Development Co., Ltd
Xuzhou RE Sales Co., Ltd
LCD Management Sdn Bhd
Corpus Five Sdn Bhd
Lum Chang Holdings Limited
Lum Chang Asia Pacific Pte Ltd
Lum Chang Building Contractors Pte Ltd
Lum Chang Corporation Pte Ltd
Lum Chang Orion Pte Ltd
Lum Chang Properties Ltd
Lum Chang Property Investments Pte Ltd
Lum Chang Realty Pte Ltd
Lum Chang (Suzhou) Investments Pte Ltd
Binjai Holdings Pte Ltd
Boon Lay Executive Condominiums Pte Ltd
Edu Genus Pte Ltd
Glaxton Trading Pte Ltd
Kemensah Holdings Pte Ltd
Sungei Long Holdings Pte Ltd
FCL Compassvale Pte Ltd
Singapore-Suzhou Township Development Pte Ltd
Lum Chang Sdn Bhd
Fabulous Range Sdn Bhd
Uptown Viewpoint Sdn Bhd
Urban Assignment Sdn Bhd
Venus Capital Corporation Sdn Bhd
Arandeur Holdings Pte Ltd
Beverian Holdings Pte Ltd
DML London Pte Ltd
RDL Investments Pte Ltd
Nanyang Girls' High School Ltd
Nanyang International Education (Holdings) Limited
Kwong Wai Shiu Hospital & Nursing Home