Change - Announcement of Cessation::Announcement of Cessation of Executive Director and Acting Chief Executive Officer

Issuer & Securities

Issuer/ Manager
UNITED FIBER SYSTEM LIMITED
Securities
UNITED FIBER SYSTEM LIMITED - SG1AI1000008 - AUE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Apr-2015 22:31:51
Status
New
Announcement Sub Title
Announcement of Cessation of Executive Director and Acting Chief Executive Officer
Announcement Reference
SG150420OTHRQKK8
Submitted By (Co./ Ind. Name)
Lim Ka Bee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the information below.

Additional Details

Name Of Person
Pauline Lee
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
20/04/2015
Detailed Reason (s) for cessation
Ms Pauline Lee cessation in accordance with the Clause 4.2(b)(v) of the share purchase agreement entered into between the Company and DSS dated 11 July 2013 in relation to the Proposed Acquisition.
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
08/07/2011
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)
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 Director and Acting Chief Executive Officer
Role and responsibilities
Role and responsibilities of Executive Director and Acting Chief Executive Officer
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?
Yes
Shareholding Details
Ms Pauline Lee has a deemed interest in 1,000,000 shares in United Fiber System Limited.
Past (for the last 5 years)
Nil
Present
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