Change - Announcement of Cessation::Announcement of Cessation of Chief Operating Officer

Issuer & Securities

Issuer/ Manager
XPRESS HOLDINGS LTD
Securities
XPRESS HOLDINGS LTD - SG1CF3000008 - BQC
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Mar-2016 17:46:16
Status
New
Announcement Sub Title
Announcement of Cessation of Chief Operating Officer
Announcement Reference
SG160308OTHRADHT
Submitted By (Co./ Ind. Name)
Lim Huan Chiang
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Chief Operating Officer.

Please refer to the attached.

Additional Details

Name Of Person
Fong Kah Kuen @ Foong Kah Kuen
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2016
Detailed Reason (s) for cessation
Stepping down to pursue new business interests.

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
09/07/2015
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)
1
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.)
Chief Operating Officer
Role and responsibilities
Executive. Assisted the Chief Executive Officer of the Group to oversee the printing operations of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Brother of Ms. Fong Sau Kwan @ Foong Sau Kwan, Director of Xpress Print (Pte) Ltd

Brother of Ms. Foong Sow Peng, Director of Xpress Print (Pte) Ltd

Brother of Ms. Foong Sau Chun, Director of Xpress Print (Australia) Pty Ltd

Brother of Ms. Foong Sau Lan, Director of Xpress Print (Australia) Pty Ltd
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct Interest: 77,000 shares of the Company
Deemed Interest: 110,310 shares of the Company
Past (for the last 5 years)
Nil
Present
Precise Media Group Limited
Bioactive Enterprises Limited
Print Planner (Hong Kong) Limited
Print Planner (Intl) Limited
Print Planner (Shenzhen) Co., Ltd.
Xpress Print (Shenzhen) Co., Ltd.
Print Planner (Shanghai) Co., Ltd.
Shenzhen Xpress Print Technology Co., Ltd
Shenzhen Jiaxinda Printing Co., Ltd
KK Fong Holdings Pte Ltd
Shilin Capital Pte Ltd

Attachments

XHL - Press Release - COO steps down to pursue new business interests.PDF
Total size =45K