Change - Announcement of Cessation::CESSATION OF AN INDEPENDENT DIRECTOR - MR XUE JING

Issuer & Securities

Issuer/ Manager
NICO STEEL HOLDINGS LIMITED
Securities
NICO STEEL HOLDINGS LIMITED - SG1R29924672 - 5GF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Feb-2015 07:50:35
Status
New
Announcement Sub Title
CESSATION OF AN INDEPENDENT DIRECTOR - MR XUE JING
Announcement Reference
SG150217OTHR8MZD
Submitted By (Co./ Ind. Name)
TAN CHEE KHIONG
Designation
CHAIRMAN AND PRESIDENT
Description (Please provide a detailed description of the event in the box below)
CESSATION OF AN INDEPENDENT DIRECTOR - MR XUE JING

Additional Details

Name Of Person
Xue Jing
Age
41
Is effective date of cessation known?
Yes
If yes, please provide the date
16/02/2015
Detailed Reason (s) for cessation
Resignation due to personal time commitment.
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?
Yes
If Yes, Please provide full details
The Board will make separate announcement regarding the appointment of replacement Independent Director.
Date of Appointment to current position
28/02/2014
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
1
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.)
Lead Independent Director
Chairman of Audit Committee
Member of Remuneration Committee
Member of Nominating Committee
Role and responsibilities
Fulfilling the responsibilities of a Lead Independent Director, Chairman of Audit Committee, Member of Remuneration Committee and Member of Nominating Committee
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?
No
Past (for the last 5 years)
Nil
Present
Nil