Change - Announcement of Cessation::Cessation of Non-Executive Director

Issuer & Securities

Issuer/ Manager
NIPPECRAFT LIMITED
Securities
NIPPECRAFT LIMITED - SG1A83000921 - N32
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2016 17:10:43
Status
New
Announcement Sub Title
Cessation of Non-Executive Director
Announcement Reference
SG160429OTHR9TPC
Submitted By (Co./ Ind. Name)
Connie Oi Yan Chan
Designation
Chief Executive Officer and Executive Director
Effective Date and Time of the event
29/04/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Benny Iswandy as a Non-Executive Director of the Company

Additional Details

Name Of Person
Benny Iswandy
Age
42
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2016
Detailed Reason (s) for cessation
Resigned due to heavy work commitments at Asia Pulp and Paper (APP) Group.
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
17/06/2014
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.)
Non-Executive Director
Role and responsibilities
Role and responsibility as a non executive director
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?
No
Past (for the last 5 years)
Nil
Present
APP Jordan For Free Trade Zone Ltd; APP Paper Co Ltd; APP Japan Ltd