Change - Announcement of Cessation::Announcement of Cessation as Non-Independent and Non-Executive Director

Issuer & Securities

Issuer/ Manager
THE HOUR GLASS LIMITED
Securities
THE HOUR GLASS LIMITED - SG1AE9000009 - AGS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
03-Oct-2016 08:12:38
Status
New
Announcement Sub Title
Announcement of Cessation as Non-Independent and Non-Executive Director
Announcement Reference
SG161003OTHRFIR4
Submitted By (Co./ Ind. Name)
Ng Siak Yong
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Dato' Dr Jannie Chan Siew Lee as a Non-Independent and Non-Executive Director and a member of the Nominating Committee of the Board of Directors of The Hour Glass Limited.

Additional Details

Name Of Person
Dato' Dr Jannie Chan Siew Lee
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
30/09/2016
Detailed Reason (s) for cessation
Other business commitments
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
01/04/2016
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)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent and Non-Executive Director
Role and responsibilities
Non-independent, non-executive director and a member of the nominating committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mother of Mr Michael Tay Wee Jin, Group Managing Director and sister of Dr Kenny Chan Swee Kheng, Group Managing Director.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
See Rider A
Past (for the last 5 years)
See Rider B
Present
Not applicable

Attachments

Rider A.pdf
Rider B.pdf
Total size =629K