Change - Announcement of Cessation::Resignation of Independent and Non-Executive Director

Issuer & Securities

Issuer/ Manager
THE STRAITS TRADING COMPANY LIMITED
Securities
STRAITS TRADING CO. LTD - SG1J49001550 - S20
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Mar-2016 17:50:14
Status
New
Announcement Sub Title
Resignation of Independent and Non-Executive Director
Announcement Reference
SG160318OTHRU2DO
Submitted By (Co./ Ind. Name)
Aldric Tan Jee Wei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Mr Razman bin Ariffin has tendered his resignation as Independent and Non-Executive Director, Audit Committee Chairman and Remuneration Committee Chairman with effect from today.

Additional Details

Name Of Person
Razman bin Ariffin
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
18/03/2016
Detailed Reason (s) for cessation
To pursue personal interests.
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
01/12/2006
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent and Non-Executive Director, Audit Committee Chairman and Remuneration Committee Chairman.
Role and responsibilities
Role and responsibilities of an Independent and Non-Executive Director, Audit Committee Chairman and Remuneration Committee Chairman.
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
67,000 shares in Malaysia Smelting Corporation Berhad
Past (for the last 5 years)
Malaysia Smelting Corporation Berhad
Rahman Hydraulic Tin Sdn Bhd
Present
Rasmi Sempurna Sdn. Bhd.
Multi-Ways System Sdn. Bhd.
Pusaka Teknik Gas Sdn Bhd