Change - Announcement of Cessation::Cessation of service as Deputy Chief Executive Officer

Issuer & Securities

Issuer/ Manager
HI-P INTERNATIONAL LIMITED
Securities
HI-P INTERNATIONAL LIMITED - SG1O83915098 - H17
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Jun-2016 17:19:06
Status
New
Announcement Sub Title
Cessation of service as Deputy Chief Executive Officer
Announcement Reference
SG160608OTHRIUMA
Submitted By (Co./ Ind. Name)
Yao Hsiao Tung
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Cessation of service as Deputy Chief Executive Officer

Additional Details

Name Of Person
Tay Ewee Liang
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
30/06/2016
Detailed Reason (s) for cessation
To pursue other interest.
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
02/05/2014
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)
4
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.)
Deputy Chief Executive Officer
Role and responsibilities
Mr Tay is responsible for the direction and operations of all the business units, as well as assisting the Chairman and Chief Executive Officer in day-to-day operations, management and oversight of the Group business and support functions.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No.
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Motorola Mobility Singapore Pte. Ltd., Soundbuzz Pte. Ltd.
Present
Nil