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

Issuer & Securities

Issuer/ Manager
NICO STEEL HOLDINGS LIMITED
Securities
NICO STEEL HOLDINGS LIMITED - SG1R29924672 - 5GF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Jun-2016 18:13:34
Status
New
Announcement Sub Title
Cessation of Non-Executive Director
Announcement Reference
SG160624OTHRM6YC
Submitted By (Co./ Ind. Name)
Tan Chee Khiong
Designation
Chairman and President
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Lin Wei Daniel as a Non-Executive Director at the conclusion of the Annual General Meeting ("AGM") held on 24 June 2016.

Additional Details

Name Of Person
Lin Wei Daniel
Age
33
Is effective date of cessation known?
Yes
If yes, please provide the date
24/06/2016
Detailed Reason (s) for cessation
Mr Lin Wei Daniel who was retiring pursuant to Regulation 107 of the Company's Constitution, did not stand for re-election at the Company's AGM held on 24 June 2016, retired as a Non-Executive Director at the conclusion of the AGM.
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
30/10/2009
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)
3
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.)
Non-Executive Director
Role and responsibilities
Fulfilling the responsibility of 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)
Please see attached.
Present
Please see attached.

Attachments

Nico Steel Retirement 2016_DL directorship list.pdf
Total size =40K