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

Issuer & Securities

Issuer/ Manager
HOSEN GROUP LTD - SG1Q03920366 - 5EV

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2014 18:35:21
Announcement Sub Title
Retirement of Non-Executive Independent Director
Announcement Reference
Submitted By (Co./ Ind. Name)
Lim Hai Cheok
Chief Executive Officer
Effective Date and Time of the event
29/04/2014 17:00:00
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, CNP Compliance Pte. Ltd. ( Sponsor ), for compliance with the Singapore Exchange Securities Trading Limited ( SGX-ST ) Listing Manual Section B: Rules of Catalist.

The Sponsor has not 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 or opinions made or reports contained in this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume 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 Thomas Lam at 36 Carpenter Street, Singapore 059915, telephone: (65) 6323 8383;

Additional Details

Name Of Person
Yeo Boon Siah
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Retired by rotation in the annual general meeting held on 29 April 2014.

The Board would like to thank Mr Yeo Boon Siah for his past services and contributions to the Company during his tenure on the Board.

Based on its enquiries, the Company s Sponsor is satisfied that other than as disclosed in this announcement, there are no material reasons for Mr Yeo Boon Siah not seeking for re-election.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, Chairman of the Nominating Committee, Member of the Audit Committee and Member of the Remuneration Committee
Role and responsibilities
Non-Executive Independent Director and chairs the Nominating Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)
Hosen Group Ltd