Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Announcement Title: Change - Announcement of Cessation
Date &Time of Broadcast: 24-Jan-2017 17:25:39
Status: New
Announcement Sub Title: Cessation of Independent Director
Announcement Reference: SG170124OTHROUKO
Submitted By (Co./ Ind. Name): Hoi Yan Joseph Tang
Designation: Executive Director and CFO
Description (Please provide a detailed description of the event in the box below): Cessation of Independent Director

Name Of Person: Cartel Yeo See Meng
Age: 54
Is effective date of cessation known?: Yes
If yes, please provide the date: 24/01/2017
Detailed Reason (s) for cessation: To pursue other personal interest
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: 15/01/2011
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): 2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months: 6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.): Independent Director
Role and responsibilities: Non-Executive and Independent Director
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): Nil
Present: Nil