Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
SAPPHIRE CORPORATION LIMITED
Securities
SAPPHIRE CORPORATION LIMITED - SG1CG4000005 - BRD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-Apr-2016 19:02:51
Status
New
Announcement Sub Title
ANNOUNCEMENT OF CESSATION OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR
Announcement Reference
SG160404OTHRO6X5
Submitted By (Co./ Ind. Name)
Gwendolyn Gn Jong Yuh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF CESSATION OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR

Additional Details

Name Of Person
FOO TEE HENG
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
27/04/2016
Detailed Reason (s) for cessation
Mr Foo Tee Heng shall retire from the Board of Directors by rotation and has decided not to submit himself for re-election.
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
01/02/1990
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director
Role and responsibilities
Contributing to the Board as a Non-Executive and Non-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?
Yes
Shareholding Details
355,571 shares in the Listed Issuer
Past (for the last 5 years)
Lucky Art Holdings Limited
Neijiang Chuanwei Special Steel Co., Ltd.
Hainan IRE Letian Construction & Decoration Engineering Co., Ltd.
Sapphire Nickel Resources Pte Ltd
TIL Mineral Resources Pte Ltd
ISO-Team Corporation Sdn Bhd
Present
Sapphire Corporation Limited
Sapphire Mineral Resources Pte Ltd
Sapphire Construction & Development Pte Ltd
Tudor Jaya Sdn Bhd