Change - Announcement of Cessation::Cessation of Executive Director

Issuer & Securities

Issuer/ Manager
HISAKA HOLDINGS LTD.
Securities
HISAKA HOLDINGS LTD. - SG1AE0000008 - UV1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Oct-2014 20:02:04
Status
New
Announcement Sub Title
Cessation of Executive Director
Announcement Reference
SG141029OTHRFLHC
Submitted By (Co./ Ind. Name)
Lee Mei San
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Ms Jessica Ong Boon Chin as Executive Director

Additional Details

Name Of Person
Jessica Ong Boon Chin
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
29/10/2014
Detailed Reason (s) for cessation
Re-constitution of the Board of Directors following completion of the Reverse Take-over of Regal International Holdings Pte. Ltd. by the Company as set out in the circular of the Company dated 24 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
28/09/2007
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)
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.)
Executive Director - Strategic Business
Role and responsibilities
She assisted the CEO with the planning, evaluation and implementation of business opportunities and was responsible for managing the strategic growth of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Cheng Ee Lieng and Jessica Ong Boon Chin are husband and wife.
Jessica Ong Boon Chin is sister-in-law of Cheng Ee Chew.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct interest - 477,000 ordinary shares
Other Directorships
Past (for the last 5 years)
Hisaka Energy Pte Ltd
Hisaka (Hong Kong) Co. Ltd
Present
Hisaka (Singapore) Pte. Ltd.
Iecopolis (Singapore) Pte. Ltd.
Singapore Synergy Holdings Pte Ltd
Sanwa Synergy Holdings India Private Ltd