Change - Announcement of Cessation::Cessation of Executive Officer

Issuer & Securities

Issuer/ Manager
LORENZO INTERNATIONAL LIMITED
Securities
LORENZO INTERNATIONAL LIMITED - SG1T35930281 - 5IE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Oct-2015 18:22:28
Status
New
Announcement Sub Title
Cessation of Executive Officer
Announcement Reference
SG151016OTHRA4GR
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Executive Officer of the Group

Additional Details

Name Of Person
Ng Siong Lin
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
08/09/2015
Detailed Reason (s) for cessation
To pursue other career 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
01/03/2012
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
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Managing Director of Builders Shop Pte Ltd
Role and responsibilities
Mr Ng was in charge of managing Builders Shop Pte Ltd, a wholly-owned subsidiary of the Company.
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?
No
Past (for the last 5 years)
Lorenzo International Limited
Present
Getz Bros. Co. (Singapore), Pte Ltd
Kiat Lee Industries Pte Ltd
Ng Tai Chuan (Pte.) Ltd.
Getz Contracts (S) Pte. Ltd.
International Furniture Fair Singapore Pte Ltd
The Furniture Square Pte Ltd
International Furniture Centre (S) Pte. Ltd.
SFIC Institute Pte Ltd