Change - Announcement of Cessation::Resignation as Chief Executive Officer of the Company

Issuer & Securities

Issuer/ Manager
SOILBUILD CONSTRUCTION GROUP LTD.
Securities
SOILBUILD CONSTRUCTION GRP LTD - SG2F78993043 - S7P

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-May-2014 10:54:49
Status
New
Announcement Sub Title
Resignation as Chief Executive Officer of the Company
Announcement Reference
SG140531OTHR8TMM
Submitted By (Co./ Ind. Name)
Ho Toon Bah
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation as Chief Executive Officer of the Company.

The initial public offering of the Company was sponsored by United Overseas Bank Limited (the "Issue Manager" ). The Issue Manager assumes no responsibility for the contents of the Announcement.

Additional Details

Name Of Person
Tse Tze Kwong
Age
54
Is effective date of cessation known?
Yes
If yes, please provide the date
31/05/2014
Detailed Reason (s) for cessation
Due to his personal reasons and to pursue his 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
18/11/2013
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.)
Chief Executive Officer
Role and responsibilities
Mr. Tse is responsible for the overall planning and execution of construction projects of the Group, leading the projects tendering and value engineering activities of the Group and spearheading the Group's expansion into new construction sectors that include civil engineering.
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
Other Directorships
Past (for the last 5 years)
1) Jurong Primewide Pte Ltd 2) Jurong International Constructors (Suzhou) Co Ltd 3) Jurong Infrastructure (India) Pvt Ltd 4) Saudi-Jurong LLC
Present
Nil