Change - Announcement of Cessation::Cessation of Non-Executive Director

Issuer & Securities

Issuer/ Manager
NEXT-GENERATION SATELLITE COMMUNICATIONS LIMITED
Securities
NEXT-GEN SATELLITE COMM LTD - SG1I31881119 - B07
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Oct-2015 18:53:35
Status
New
Announcement Sub Title
Cessation of Non-Executive Director
Announcement Reference
SG151002OTHRLOWP
Submitted By (Co./ Ind. Name)
Andrew Coulton
Designation
Chairman and Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of Non-Executive Director

Additional Details

Name Of Person
Lam Ah Seng @ Lam Pang Chuang
Age
67
Is effective date of cessation known?
Yes
If yes, please provide the date
02/10/2015
Detailed Reason (s) for cessation
To pursue his other activities.
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
21/12/1987
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Role and responsibilities
Non-Executive Director
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
Direct Interest - 6,897,901 ordinary shares
Deemed Interest - 4,799,887 ordinary shares. Mr Lam Ah Seng @ Lam Pang Chuang is deemed to be interested in 4,799,887 shares held by Ban Joo Investment (Pte) Ltd by virtue of Section 7 of the Companies Act.
Past (for the last 5 years)
Please see Appendix A
Present
Please see Appendix A

Attachments

Appendix A.pdf
Total size =193K