Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
ITE ELECTRIC CO LTD
Securities
ITE ELECTRIC CO LTD - SG0581008505 - 581
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Aug-2014 21:57:42
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG140828OTHR3FJO
Submitted By (Co./ Ind. Name)
Bernard Soo Puong Yii
Designation
Director
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and reviewed by the Company's sponsor, Asiasons WFG Capital Pte Ltd (the "Sponsor"), for compliance with the Listing Manual (Section B: Rules of Catalist) of the Singapore
Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this
announcement including the accuracy or completeness of any of the information disclosed or the correctness of any of
the statements made, opinions expressed or reports contained in this announcement. This announcement has not been examined or approved by the SGX-ST. The SGX-ST and the Sponsor assume no responsibility for the contents of this announcement including the correctness of any of the statements made, opinions expressed or reports contained in this announcement.

Contact person for the Sponsor: Ms Pauline Sim (Registered Professional, Asiasons WFG Capital Pte Ltd)
Address: 22 Cross Street, #03-54/61 China Square Central, Singapore 048421
Telephone number: (65) 6319 4954

Additional Details

Name Of Person
Goh Hin Calm
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
28/08/2014
Detailed Reason (s) for cessation
To pursue other business opportunities
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
13/10/2006
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.)
Independent Director, Chairman of Audit, Nominating and Remuneration Committees
Role and responsibilities
Duties of an Independent Director and Chairman of the Audit, Nominating and Remuneration Committees
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
Other Directorships
Past (for the last 5 years)
Please refer to Appendix 1
Present
Please refer to Appendix 1

Attachments

Directorships - GHC.pdf
Total size =42K