Change - Announcement of Cessation::Resignation of Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
HL GLOBAL ENTERPRISES LIMITED
Securities
HL GLOBAL ENTERPRISES LIMITED - SG1AI6000003 - AVX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-May-2016 17:48:21
Status
New
Announcement Sub Title
Resignation of Non-Executive and Independent Director
Announcement Reference
SG160510OTHR0HCG
Submitted By (Co./ Ind. Name)
Foo Yang Hym
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive and Independent Director

Additional Details

Name Of Person
Florence Tay Eng Neo
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
10/05/2016
Detailed Reason (s) for cessation
Due to other personal commitment.
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
26/12/2000
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director
Role and responsibilities
Non-Executive and Independent Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
HL Global Enterprises Limited
i. Direct interest - 1,144,392 ordinary shares
ii. Deemed interest - 1,129,981 ordinary shares
Past (for the last 5 years)
HL Global Enterprises Limited and its affiliates
1. Shanghai Hutai Real Estate Development Co., Ltd
2. Shanghai Yu Rong Hotel Equipment and Supplies Co., Ltd
3. Augustland Hotel Sdn. Bhd.
4. Augustland Sdn. Bhd.
5. Nirwana Properties Sdn. Bhd.
6. Sinjori Sdn. Bhd.
7. Victory Heights Sdn. Bhd.
8. Equatorial Hotel Management Pte. Ltd.
9. Joo Chiat Holding Pte Ltd
10. LKN Construction Pte. Ltd.
11. LKN Development Pte. Ltd.
12. LKN Investment International Pte. Ltd.
13. Whitebox Computer Pte Ltd
14. Landmark Technologies Pte Ltd
Present
1. Primefield Inc.
2. Beijing Primefield-AXS Technology Co., Ltd
3. XingHe Technologies (Beijing) Co. Ltd
4. Sky Wealthy Limited