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

Issuer & Securities

Issuer/ Manager
NOBEL DESIGN HOLDINGS LTD
Securities
NOBEL DESIGN HOLDINGS LTD - SG1D60018406 - 547
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
04-May-2015 20:45:54
Status
New
Announcement Sub Title
Cessation of a Non-Executive Director
Announcement Reference
SG150504OTHRKWMC
Submitted By (Co./ Ind. Name)
Lee Bee Fong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of a Non-Executive Director

Additional Details

Name Of Person
Choong Chee Peng Bert
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2015
Detailed Reason (s) for cessation
Not re-elected at the AGM held on 28 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?
Yes
If Yes, Please provide full details
Please refer to the email correspondence between Mr Bert Choong and Mr Adrian Chan and other members of the Board of Directors, including but not limited to the emails from 3 August 2014 to 27 April 2015 and the correspondence between Messrs Allen & Gledhill LLP and Messrs Colin Ng & Partners LLP from 6 November 2014 to 18 November 2014.
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please refer to the email correspondence between Mr Bert Choong and Mr Adrian Chan and other members of the Board of Directors, including but not limited to the emails from 3 August 2014 to 27 April 2015 and the correspondence between Messrs Allen & Gledhill LLP and Messrs Colin Ng & Partners LLP from 6 November 2014 to 18 November 2014.
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If Yes, Please provide full details
Please refer to the email correspondence between Mr Bert Choong and Mr Adrian Chan and other members of the Board of Directors, including but not limited to the emails from 3 August 2014 to 27 April 2015 and the correspondence between Messrs Allen & Gledhill LLP and Messrs Colin Ng & Partners LLP from 6 November 2014 to 18 November 2014.
Date of Appointment to current position
01/05/2013
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Role and responsibilities
Protect interest of Company and its shareholders, and uphold Corporate Governance
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
Mr Choong holds 50,482,000 shares (the "Shares") in Nobel Design Holdings Ltd. 33,000,000 shares of the Shares are held in the name of CIMB Securities (Singapore) Pte Ltd.
Past (for the last 5 years)
Boss Design International Pte Ltd
Marquis Furniture Gallery Pte Ltd
Marquis HQO Pte Ltd
Momentum Creations Pte Ltd
Nobel Projects Pte Ltd
Buylateral Group Pte Ltd
Nobel Design House (M) Sdn Bhd
Seni Reka Nobel Sdn Bhd
Act-Nobel Home Pte Ltd
Cotswold Residences Pte Ltd
Shelford Terraces Pte Ltd
Astrid Hill Residences Pte Ltd
Urban Lofts Pte Ltd

Present
International Furniture Fair Singapore Pte Ltd