Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER

Issuer & Securities

Issuer/ Manager
8TELECOM INTL HOLDINGS CO LTD
Securities
8TELECOM INTL HOLDINGS CO LTD - BMG3087Y1084 - E25

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Mar-2014 17:10:08
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER
Announcement Reference
SG140331OTHRX3VL
Submitted By (Co./ Ind. Name)
YE TIANYUN
Designation
EXECUTIVE CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER

Additional Details

Name Of Person
YAN XIAOLANG
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
31/03/2014
Detailed Reason (s) for cessation
Mr Yan tendered his resignation as he had attained the retirement age and he had served as the Board member of the Company for more than 9 years.
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
25/05/2004
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)
2
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.)
Independent Director, Chairman of RC and Member of AC and NC
Role and responsibilities
Responsibilities as an Independent Director, Chairman of Remuneration Committee and Member of Audit and Nominating 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
Past (for the last 5 years)
Nil
Present
Zhejiang Dali Technology Co., Ltd. and Hangzhou C-Sky Micro Systems Co., Ltd