Change - Announcement of Cessation::CESSATION OF NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
PTERIS GLOBAL LIMITED
Securities
PTERIS GLOBAL LIMITED - SG1T64931051 - J74

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Apr-2014 17:35:00
Status
New
Announcement Sub Title
CESSATION OF NON-EXECUTIVE DIRECTOR
Announcement Reference
SG140423OTHR3AN6
Submitted By (Co./ Ind. Name)
Tan Swee Gek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-executive Director

This announcement supercedes the announcement reference: SG140422OTHR62XU which was released on 22 April 2014 and contains a statement by Mr Tan providing responses to certain questions in the template as well as an update on past directorships.

Additional Details

Name Of Person
Winston Tan Tien Hin
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
22/04/2014
Detailed Reason (s) for cessation
Please see attached.
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?
Yes
If Yes, Please provide full details
Please see attached.
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please see attached.
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please see attached.
Date of Appointment to current position
05/03/2012
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)
4
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

Member of the Nominating and Remuneration Committee
Role and responsibilities
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?
Yes
Shareholding Details
Direct interest: 2,000,000 shares of the Company.

Indirect interest: 55,829,000 shares of the Company under Winmark Investments Pte Ltd.
Other Directorships
Past (for the last 5 years)
Singapore Technologies Engineering Ltd, DailyHour Eventures Pte Ltd, NewBiomed PIKA Pte Ltd, Aetos Security Management Pte Ltd.
Present
Singapore Technologies Kinetics Ltd, Roxy-Pacific Holdings Limited, Plastoform Holdings Limited, Winmark Investments Pte Ltd, Corporate Brokers International Pte Ltd, AETOS Holdings Pte Ltd, Marine Food Chain International Pte Ltd, Astralink Technology Pte Ltd, Elysium Technologies Pte Ltd, Yongchun Sing Investments Pte Ltd, Jade Room Restaurant Pte Ltd, IBC System Pte Ltd, Sinbor Company (Private) Ltd, FMS Hospitality Pte Ltd, Armour Publishing Pte Ltd, Tezzaron Semiconductor (Singapore) Pte Ltd, Knowledge Resources Pte Ltd, ZhenXing Commercial Consultancy (Shanghai) Co Ltd, W3 Infocomm Group Pte Ltd, IBC SAAS Pte Ltd, Cap Vista Pte Ltd.

Attachments

wt resignation rationale_final_23apr2014 2.pdf
Total size =14K