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

Issuer & Securities

Issuer/ Manager
VENTURE CORPORATION LIMITED
Securities
VENTURE CORPORATION LIMITED - SG0531000230 - V03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2015 18:17:33
Status
New
Announcement Sub Title
Retirement of an Independent Non-Executive Director
Announcement Reference
SG150429OTHR7DFL
Submitted By (Co./ Ind. Name)
Angeline Khoo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of an Independent Non-Executive Director

Additional Details

Name Of Person
Tan Choon Huat
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2015
Detailed Reason (s) for cessation
Retirement according to the Articles of Association of the Company.
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
06/05/1992
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director
Role and responsibilities
As above.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NA
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
4,118,145 ordinary shares in Venture Corporation Limited
Past (for the last 5 years)
Venture Electronics Solutions Pte Ltd
VS Electronics Pte Ltd
Venture Hungary Electronics Manufacturing Limited Liability, Company
Venture Electronics (Shanghai) Co., Ltd
Univac Precision Engineering Pte Ltd
Present
Venture Corporation Limited