Change - Announcement of Cessation::Removal of Executive Director

Issuer & Securities

Issuer/ Manager
INTERNATIONAL HEALTHWAY CORPORATION LIMITED
Securities
INTL HEALTHWAY CORP LIMITED - SG2F86994413 - 5WA
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Jan-2017 04:04:25
Status
New
Announcement Sub Title
Removal of Executive Director
Announcement Reference
SG170124OTHRVJAK
Submitted By (Co./ Ind. Name)
Tay Eng Kiat Jackson
Designation
Independent Director
Description (Please provide a detailed description of the event in the box below)
Removal of Executive Director

This announcement has been prepared by International Healthway Corporation Limited (the "Company") and its contents have been reviewed by PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Gillian Goh, Director, Head of Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Name Of Person
Lim Beng Choo
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date
23/01/2017
Detailed Reason (s) for cessation
Removed by shareholders via ordinary resolution at the EGM.
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
07/01/2016
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)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Responsible for leading the overall strategic development of the Group and providing management leadership to the Group, and the Group's healthcare services thrust into overseas markets, the development of medical real estate and organisational capabilities.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Ms Lim Beng Choo has a direct interest in 618,906 shares in the capital of International Healthway Corporation Limited ("Shares") and has a deemed interest in 534,032 Shares held by her spouse, Koh Wee Sing.
Past (for the last 5 years)
Please see Annexure A
Present
Please see Annexure A

Attachments

AnnexureA_LimBC.pdf
Total size =323K