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

Issuer & Securities

Issuer/ Manager
SAMURAI 2K AEROSOL LIMITED
Securities
SAMURAI 2K AEROSOL LIMITED - SG1DE0000002 - 1C3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-May-2019 22:28:42
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director
Announcement Reference
SG190521OTHR8PPR
Submitted By (Co./ Ind. Name)
Ong Yoke En
Designation
Executive Director & Chief Executive Officer
Effective Date and Time of the event
21/05/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Non-Executive Director

This announcement has been prepared by Samurai 2K Aerosol Limited (the "Company") and its contents have been reviewed by the Company s sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement.

This 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 accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Gregory Wee Toon Lee, Assistant Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Sia Yeak Hong
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
21/05/2019
Detailed Reason (s) for cessation
Mr Sia Yeak Hong resigned as Independent Non-Executive Director of the Company in order to focus on other work commitments and responsibilities outside of the Company.

The Company's sponsor, UOB Kay Hian Private Limited, having interviewed Mr Sia Yeak Hong, is not aware of any other material reasons for the resignation of Mr Sia as the Independent Non-Executive Director 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
16/12/2016
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.)
Chairman of Nominating Committee, Member of Audit Committee and Remuneration Committee
Role and responsibilities
Independent Non-Executive Director
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)
Ecotrato Malaysia Sdn Bhd
Maxbill Logistic Sdn Bhd
Present
Starlight Avenue Sdn Bhd