Change - Announcement of Cessation::RETIREMENT OF LEAD INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
ECOWISE HOLDINGS LIMITED
Securities
ECOWISE HOLDINGS LIMITED - SG1N88910129 - 5CT
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Feb-2017 19:58:20
Status
New
Announcement Sub Title
RETIREMENT OF LEAD INDEPENDENT DIRECTOR
Announcement Reference
SG170228OTHRSE42
Submitted By (Co./ Ind. Name)
LEE THIAM SENG
Designation
EXECUTIVE 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, Stamford Corporate Services Pte Ltd (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Company's Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this document, 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 Bernard Lui
Telephone number: (65) 6389 3000
Email address: bernard.lui@morganlewis.com

Additional Details

Name Of Person
Ng Cher Yan
Age
58
Is effective date of cessation known?
Yes
If yes, please provide the date
28/02/2017
Detailed Reason (s) for cessation
Retirement
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
19/11/2004
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)
2
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, Audit Committee Chairman, Nominating Committee Chairman and Remuneration Committee Member
Role and responsibilities
Non-executive. Lead Independent Director, Audit Committee Chairman, Nominating Committee Chairman and Remuneration Committee Member
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1,231,500
Past (for the last 5 years)
1) Kinergy Ltd
2) Wanxiang International Ltd
3) Kian Ann Engineering Ltd
4) Seascape Surverys Pte Ltd
5) Mermaid MTN Pte Ltd
6) MTR-2 (Singapore) Pte Ltd
7) Bonython Trading Pte Ltd
8) Lancashire General Properties (Singapore) Pte Ltd
Present
1) Mermaid Martime Public Company Ltd
2) Vicplas International Ltd
3) Moneymax Financial Services Ltd
4) Samko Timber Ltd
5) Bull Will Co Ltd
6) Mermaid Drilling (Singapore) Pte Ltd
7) Mermaid Offshore Services Pte Ltd
8) MTR-1 (Singapore) Pte Ltd
9) MTR-3 (Singapore) Pte Ltd
10) MTR-4 (Singapore) Pte Ltd