Change - Announcement of Cessation::Resignation of Executive Chairman

Issuer & Securities

Issuer/ Manager
FORELAND FABRICTECH HLDS LTD
Securities
FORELAND FABRICTECH HLDS LTD - BMG3658Z1041 - B0I
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Aug-2016 23:58:10
Status
New
Announcement Sub Title
Resignation of Executive Chairman
Announcement Reference
SG160801OTHRI0G6
Submitted By (Co./ Ind. Name)
Tan Chee How
Designation
Company Secretary
Effective Date and Time of the event
01/08/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Resignation of Executive Chairman

Additional Details

Name Of Person
Tsai Kin Chit
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
01/08/2016
Detailed Reason (s) for cessation
To pursue other 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
15/11/2006
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)
2
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.)
Executive Chairman
Role and responsibilities
Executive Chairman, responsible for charting the strategic development of the Group
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
54,000,000 shares
Past (for the last 5 years)
None
Present
None