Change - Announcement of Cessation::Change - Announcement of Cessation

Issuer & Securities

Announcement Title: Change - Announcement of Cessation
Date &Time of Broadcast: 03-Jul-2017 17:31:23
Status: New
Announcement Sub Title: Change - Announcement of Cessation
Announcement Reference: SG170703OTHRCW04
Submitted By (Co./ Ind. Name): Arica Walters
Designation: Executive Director
Description (Please provide a detailed description of the event in the box below): This announcement has been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch ("Sponsor") for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist ("Catalist Rules"). The Sponsor has not independently verified the contents of this announcement. This
announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Yee Chia Hsing, Head, Catalist, CIMB Bank Berhad, Singapore Branch, at 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone: +65 6337 5115.

Name Of Person: Henry Lim
Age: 52
Is effective date of cessation known?: Yes
If yes, please provide the date: 03/07/2017
Detailed Reason (s) for cessation: To pursue family business.
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: 19/03/2012
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): 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.): Manager (Production)
Role and responsibilities: He is responsible for the overall planning and production operations of the Group.
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): NA
Present: NA