Change - Announcement of Cessation::Cessation of Director

Issuer & Securities

Issuer/ Manager
LCD GLOBAL INVESTMENTS LTD.
Securities
LCD GLOBAL INVESTMENTS LTD. - SG1C01001033 - L38
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2016 18:53:48
Status
New
Announcement Sub Title
Cessation of Director
Announcement Reference
SG160428OTHRXPVO
Submitted By (Co./ Ind. Name)
Lim Swee Ann
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr David Ong Mung Pang as an Independent Director of the Company.

Additional Details

Name Of Person
David Ong Mung Pang
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2016
Detailed Reason (s) for cessation
Mr David Ong did not seek re-election as a Director of the Company pursuant to Article 81 of the Company's Constitution at the Annual General Meeting held on 28 April 2016.
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
02/04/2015
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)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Remuneration Committee and Member of Audit Committee.
Role and responsibilities
As above.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
LCD Global Investments Ltd
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Cheong Hock Chye & Co. (Pte) Ltd
SRA IP Solutions (Asia Pacific) Pte Ltd
Summit International Lily (Singapore) Pte Ltd
Tokyo Cathode Laboratory (Singapore) Pte Ltd
Pla Metals (Singapore) Pte Ltd
Raffles Wealth Solutions Pte Ltd
Asean-Japan Agrigate Pte Ltd
Present
DOCS Pte Ltd
Ayle Investments Pte Ltd
Pacifica Global Ltd
Heritage Plantation Group Ltd
Adel Investments Inc
Kintetsu World Express (China) Co Ltd
Beijing Kintetsu World Express Co Ltd