Change - Announcement of Cessation::Resignation of Dr Chew Kia Ngee as director and chairman of AusGroup Limited

Issuer & Securities

Issuer/ Manager
AUSGROUP LIMITED
Securities
AUSGROUP LIMITED - SG1R38924838 - 5GJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Nov-2014 17:15:32
Status
New
Announcement Sub Title
Resignation of Dr Chew Kia Ngee as director and chairman of AusGroup Limited
Announcement Reference
SG141114OTHRPJPS
Submitted By (Co./ Ind. Name)
Gerard Patrick Hutchinson
Designation
Executive Director and Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Dr Chew Kia Ngee as director and chairman of AusGroup Limited
Cessation of Dr Chew Kia Ngee as member of audit committee and member and chairman of nominating committee

Additional Details

Name Of Person
Dr Chew Kia Ngee
Age
68
Is effective date of cessation known?
Yes
If yes, please provide the date
14/11/2014
Detailed Reason (s) for cessation
This is Dr Chew Kia Ngee's 9th year on the board of directors of AusGroup Limited and he voluntarily stepped down in line with the guideline in the Code of Corporate Governance and AusGroup Limited's commitment to progressively refresh its board.
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
08/11/2006
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
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent non-executive director (8/11/2006), chairman of board (11/2/2010), member & chairman of NC (5/2/2010) & member of AC (17/1/2014)
Role and responsibilities
Independent non-executive director and chairman
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)
1. Dimension Data Asia Pacific Pte Ltd
Present
Listed

1. Haw Par Corporation Ltd

Others (non-listed)

2. Singapore Eye Foundation
3. Kong Meng San Phor Kar See Monastery
4. Miclyn Express Offshore Ltd