Change - Announcement of Cessation::CESSATION OF NON-EXECUTIVE DIRECTOR (A MEMBER OF THE AUDIT, NOMINATING AND REMUNERATION COMMITTEES)

Issuer & Securities

Issuer/ Manager
ELEC & ELTEK INTERNATIONAL COMPANY LIMITED.
Securities
ELEC & ELTEK INT CO LTD - SG1B09007736 - E16

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Jul-2014 19:46:42
Status
New
Announcement Sub Title
CESSATION OF NON-EXECUTIVE DIRECTOR (A MEMBER OF THE AUDIT, NOMINATING AND REMUNERATION COMMITTEES)
Announcement Reference
SG140707OTHRGOSE
Submitted By (Co./ Ind. Name)
Marian Ho
Designation
Company Secretary
Effective Date and Time of the event
07/07/2014 17:05:00
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Elec & Eltek International Company Limited (the Company ) and its contents have been reviewed by the board of directors of the Company (the Board ) for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ( SGX-ST ).

The announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes 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.

Additional Details

Name Of Person
Mr Chan Wing Kwan ( Mr Chan )
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
01/08/2014
Detailed Reason (s) for cessation
Mr Chan would like to devote his time to his retirement.
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
13/12/2004
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
1
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.)
Non-Executive Director and member of the Audit Committee, Nomination Committee and Remuneration Committee
Role and responsibilities
Mr. Chan is a member of our Audit Committee, Remuneration Committee, Nominating Committee and Employees Share Option Scheme Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr. Chan is the father of Mr. Chan Wai Leung and the father-in-law of Mr. Mok Cham Hung Chadwick (Both are currently executive Directors).
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Elec & Eltek International Company Limited
Kingboard Chemical Holdings Limited
Kingboard Laminates Holdings Limited
Kingboard Laminates Limited
Other Directorships
Past (for the last 5 years)
Elec & Eltek International Company Limited (Non Executive Director) 13/12/2004 31/7/2014 / Kingboard Chemical Holding Limited (Non Executive Director) 8/10/1993-31/7/2014
Present
Elec & Eltek International Company Limited (Non Executive Director) 13/12/2004 31/7/2014 / Kingboard Chemical Holding Limited (Non Executive Director) 8/10/1993-31/7/2014