Change - Announcement of Cessation::ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR

Issuer & Securities

Announcement Title: Change - Announcement of Cessation
Date &Time of Broadcast: 11-Apr-2014 18:30:57
Status: New
Announcement Sub Title: ANNOUNCEMENT OF CESSATION AS INDEPENDENT DIRECTOR
Announcement Reference: SG140411OTHRE3CM
Submitted By (Co./ Ind. Name): Cho Form Po
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): Retirement of Dato' Loke Yuen Yow as an Independent Director of the Company.

Name Of Person: Dato' Loke Yuen Yow
Age: 61
Is effective date of cessation known?: Yes
If yes, please provide the date: 11/04/2014
Detailed Reason (s) for cessation: Retired at the Annual General Meeting
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: 29/07/2009
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: 5
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.): Independent Director and Chairman of Nominating Committee
Role and responsibilities: Independent 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: Nil