Change - Announcement of Cessation::Cessation of Independent & Non-Executive Director

Issuer & Securities

Issuer/ Manager
METECH INTERNATIONAL LIMITED
Securities
METECH INTERNATIONAL LIMITED - SG2E79981816 - QG1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
30-Jun-2015 19:11:13
Status
New
Announcement Sub Title
Cessation of Independent & Non-Executive Director
Announcement Reference
SG150630OTHRB8L7
Submitted By (Co./ Ind. Name)
Benedict Lim
Designation
EVP
Description (Please provide a detailed description of the event in the box below)
Mr Khor Check Kim will cease as an Independent and Non-Executive Director on the Board of Metech International Limited with effect from 1st July 2015.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Stamford Corporate Services Pte. Ltd. (the Sponsor), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the SGX-ST). The Sponsor has not independently verified the contents of this announcement.

The announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Bernard Lui.
Tel: 6389 3000 Email: bernard.lui@stamfordlaw.com.sg

Additional Details

Name Of Person
Khor Check Kim
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
01/07/2015
Detailed Reason (s) for cessation
Mr Christopher Khor has requested to step down for personal reasons. He wanted to devote more time to his family.
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
05/07/2013
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.)
Chairman of Nominating Committee, Member of Audit Committee and Member of Remuneration Committee
Role and responsibilities
His role on the Board as an independent and non-executive director, Chairman of NC, AC member and RC member is to ensure good governance in the Company. As a former IT Director at the Ministry of Defence, he provides connectivity to the government sector and technology providers and advises the Board in these aspects.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
None
Present
None