Change - Announcement of Cessation::Retirement of Lead Independent Director

Issuer & Securities

Issuer/ Manager
LIZHONG WHEEL GROUP LTD.
Securities
LIZHONG WHEEL GROUP LTD. - SG1S28927147 - E94
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2015 17:29:37
Status
New
Announcement Sub Title
Retirement of Lead Independent Director
Announcement Reference
SG150429OTHRJI7U
Submitted By (Co./ Ind. Name)
Zang Ligen
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Lead Independent Director at the conclusion of the Annual General Meeting on 29 April 2015.

Additional Details

Name Of Person
Ong Tiew Siam
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2015
Detailed Reason (s) for cessation
Mr Ong Tiew Siam has decided to retire and not seek re-election at the Annual General Meeting of the Company on 29 April 2015.
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
30/05/2005
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)
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.)
Lead Independent Director, Chairman of Audit Committee, Member of Nominating and Remuneration Committees
Role and responsibilities
Lead Independent Director, Chairman of Audit Committee, Member of Nominating and Remuneration Committees
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)
China Flexible Packaging Holdings Ltd;
J Chanel Enterprise Pte Ltd;
Ace Achieve Infocom Limited; and
Tiong Hua Whee Pte Ltd.
Present
Fung Choi Media Group Limited;
Design Studio Group Ltd;
Tat Hong Holdings Ltd;
Thomson Ng Chwee Cheng Foundation Limited;
Tat Hong Properties Sdn Bhd; and
Valuetronics Holdings Ltd.