Change - Announcement of Cessation::RESIGNATION OF A NON-INDEPENDENT NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
CHASWOOD RESOURCES HOLDINGS LTD.
Securities
CHASWOOD RESOURCES HLDGS LTD. - SG2E59979590 - 5TW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
26-Jan-2018 17:16:31
Status
New
Announcement Sub Title
RESIGNATION OF A NON-INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference
SG180126OTHR41IJ
Submitted By (Co./ Ind. Name)
Andrew Roach Reddy
Designation
Managing Director
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor ("Sponsor"), Asian Corporate Advisors Pte Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange"). The Company's Sponsor has not independently verified the contents of this announcement including the correctness of any of the figures used, statements or opinions made. The Sponsor is satisfied, based on the enquiries made, that there are no reasons for the resignation other than those stated in this announcement.

This announcement has not been examined or approved by the Exchange and the Exchange assumes 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 Liau H. K.
Telephone number: 6221 0271

Additional Details

Name Of Person
Datuk Lim Chih Li @ Lin Zhili
Age
46
Is effective date of cessation known?
Yes
If yes, please provide the date
26/01/2018
Detailed Reason (s) for cessation
Datuk Lim believes that the current board composition and the vast experiences of the board members are sufficient to contribute positively to the direction and governance of the company. In the circumstances, Datuk Lim has decided to focus on his other obligations and commitments by virtue of his directorships in other companies.
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
01/03/2012
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)
1
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.)
Non-Independent Non-Executive Director
Role and responsibilities
non-executive
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?
Yes
Shareholding Details
Deemed interest in 163,482,328 ordinary shares in the Company.
Past (for the last 5 years)
Narong Seafood Company Ltd
Tremendous Asia Management Inc
Tremendous Asia Partners Inc
North Ace Venture Sdn Bhd
Be Urban Wellness Sdn Bhd
EMS Discoveria Sdn Bhd
Clearwater Management Sdn Bhd
Curious Academy Sdn Bhd
SME PRODUCTIONS, INC
Lifeonearth Pte Ltd
Tremendous Asia Partners (Malaysia) Ltd
Deepdale Capital Limited
Sparkle Paradise Ltd
Mega Bersatu Ltd
Hi-5 World Ltd
Moss Rose Limited
Portwell Investments Limited
Rainbow Lead Limited
Smart Prestige Limited
Tremendous Entertainment Group Ltd
Turf Group Holdings Limited
Chaswood Restaurant Management Shanghai Co.Ltd
Chaswood Resources Sdn Bhd
Present
Attilan Group Limited
Attilan Investment Ltd
Asiasons Investment Managers Inc.
Attilan Investment (Thailand)Sdn Bhd
TAP Partners Sdn Bhd
TAP Private Equiy Inc
TAP Private Equity Pte Ltd
TAP Venture Fund 1 Pte Ltd
Attilan Consumer Ventures Pte Ltd
Bludream City Developments Sdn Bhd
Clearwater Holdings Sdn Bhd
Trident Aim Sdn Bhd
Posh Corridor Sdn Bhd
Hi-5 Operations Pte Ltd
EMS Holdings Pte Ltd
EMS Asia Pacific Pte Ltd
EMS Exhibits Inc
Hi 5 Operations (M) Sdn Bhd
EMS Consumer Products Pte Ltd
Vibrant Coast Management Ltd
Hub Media Group Pte Ltd
Fame Good Holdings Limited
Porterhouse Capital Limited
Tap Crunch Sdn Bhd
Tap Crunch International Sdn Bhd
Hi-5 Learning Pte. Ltd
HOL International Pte Ltd
TEG Live Entertainment Pte Ltd
Hi-5 Australia Pte Ltd
Dinoscovery (M) Sdn Bhd
Tujing Pte Ltd