Change - Announcement of Cessation::CESSATION AS AN EXECUTIVE DIRECTOR OF THE COMPANY

Issuer & Securities

Issuer/ Manager
OKH GLOBAL LTD.
Securities
OKH GLOBAL LTD. - BMG6730R1079 - S3N
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Sep-2014 18:15:48
Status
New
Announcement Sub Title
CESSATION AS AN EXECUTIVE DIRECTOR OF THE COMPANY
Announcement Reference
SG140910OTHR9PXY
Submitted By (Co./ Ind. Name)
BON WEEN FOONG
Designation
EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Mr Yu Zengping has on 10 September 2014 resigned as an Executive Director of the Company.

Asiasons WFG Capital Pte Ltd was the financial adviser to the Company in relation to the acquisition of the entire issued share capital of OKH Holdings Pte. Ltd. The Financial Adviser assumes no responsibility for the contents of this announcement.

Additional Details

Name Of Person
YU ZENGPING
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date
10/09/2014
Detailed Reason (s) for cessation
Personal reason to pursue other career opportunity
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
27/09/2004
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.)
Executive Director
Role and responsibilities
Mr Yu Zengping oversees the technical developments of the IT business of the Group, responsible for the development and maintenance of the IT business quality management systems, risk management and information management of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
N/A
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
Nil
Present
Nil