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

Issuer & Securities

Issuer/ Manager
ANNAIK LIMITED
Securities
ANNAIK LIMITED - SG1O45913009 - A52
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Apr-2017 19:05:54
Status
New
Announcement Sub Title
Cessation of Non-Executive Director
Announcement Reference
SG170425OTHR7XXB
Submitted By (Co./ Ind. Name)
NG KIM KEANG
Designation
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
Daniel Lin Wei ("Mr Lin")
Age
34
Is effective date of cessation known?
Yes
If yes, please provide the date
25/04/2017
Detailed Reason (s) for cessation
Mr Lin was not re-elected at the Annual General Meeting of the Company held on 25 April 2017.

Based on its enquiries, the Company s Sponsor, Hong Leong Finance Limited, is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Lin as an Non-Executive Director of AnnAik Limited.
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
24/05/2010
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
0
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?
No
Past (for the last 5 years)
1. Viking Offshore Global Pte. Ltd.
2. Nico Steel Holdings Limited
3. Globalroam Group Ltd.
4. Oxford Analytica (Asia Pacific) Private Limited
5. Sand Aire (Singapore) (Pte.) Ltd.
6. Justing Technology Pte. Ltd.
7. Qian Liang Technologies (Singapore) Co. Pte. Ltd.
8. Qian Liang Technologies Holding Co. Pte. Ltd.
9. Viking Capital Pte. Ltd.
10. Funded Here Pte. Ltd.
Present
1. Associated Leisure International Pte Ltd
2. Money World Asia Pte Ltd
3. Pacific - AL Consultancy Pte Ltd
4. Viking Offshore and Marine Limited
5. Money World Marketing Pte. Ltd.
6. Blue Ocean Capital Partners Pte. Ltd.
7. Promoter Hydraulics Pte. Ltd.
8. Viking Facilities Management & Operations Pte. Ltd.
9. MWA Capital Pte. Ltd.
10. Unico Wines Pte. Ltd.
11. DT Capital Pte. Limited
12. Viking Asset Management Pte. Ltd.
13. Viking LR1 Pte. Ltd.
14. Viking LR2 Pte. Ltd.
15. Viking Gold Pte. Ltd.