Change - Announcement of Cessation::RETIREMENT OF DIRECTOR

Issuer & Securities

Issuer/ Manager
ISR CAPITAL LIMITED
Securities
ISR CAPITAL LIMITED - SG1P04916067 - 5EC

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Jun-2014 20:32:26
Status
New
Announcement Sub Title
RETIREMENT OF DIRECTOR
Announcement Reference
SG140612OTHR3BAM
Submitted By (Co./ Ind. Name)
Quah Su-Yin
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Retirement of an Independent Director who is an Audit Committee Member at the Annual General Meeting.

Additional Details

Name Of Person
Tan Soo Khoon Raymond
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
12/06/2014
Detailed Reason (s) for cessation
Mr Tan Soo Khoon Raymond retired by rotation pursuant to Article 89 of the Company's Articles of Association at the Company's Annual General Meeting held on 12 June 2014.
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
29/04/2011
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)
1
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.)
Independent Director, Chairman of Nominating and Remuneration Committees and a member of Audit Committee.
Role and responsibilities
To perform the functions of independent director and fulfilling duties and responsibility as Chairman of Nominating and Remuneration Committees and a member of Audit Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
N.A.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Annica Holdings Limited
Present
Liongold Corp Ltd, Signature Metal Limited, Citigold Corporation Limited