Change - Announcement of Cessation::Cessation of Independent Director

Issuer & Securities

Issuer/ Manager
NICO STEEL HOLDINGS LIMITED
Securities
NICO STEEL HOLDINGS LIMITED - SG1R29924672 - 5GF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Aug-2016 17:21:54
Status
New
Announcement Sub Title
Cessation of Independent Director
Announcement Reference
SG160822OTHR9WY8
Submitted By (Co./ Ind. Name)
Tan Chee Khiong
Designation
Chairman and President
Description (Please provide a detailed description of the event in the box below)
Resignation of Ms Ong Lizhen Daisy as an Independent Director.

Additional Details

Name Of Person
Ong Lizhen Daisy
Age
33
Is effective date of cessation known?
Yes
If yes, please provide the date
22/08/2016
Detailed Reason (s) for cessation
Other personal 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
16/02/2015
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)
3
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.)
Chairman of Audit Committee
Member of Nominating Committee
Member of Remuneration Committee
Role and responsibilities
Fulfilling the responsibility of Independent Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
SC Building & Construction Pte. Ltd.
Art Discovered Pte. Ltd.
Present
Dolz Business Consulting Pte. Ltd.