Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
MEWAH INTERNATIONAL INC.
Securities
MEWAH INTERNATIONAL INC. - KYG6074A1085 - MV4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Apr-2015 18:07:00
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG150428OTHRCSJP
Submitted By (Co./ Ind. Name)
Rajesh Chopra
Designation
Group Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Independent Director- Mr. Giam Chin Toon

Additional Details

Name Of Person
Giam Chin Toon
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
28/04/2015
Detailed Reason (s) for cessation
Mr. Giam Chin Toon joined the Board in 2010 at the time that the Company was going for listing on the SGX. Mr. Giam's retirement is in line with the periodical renewal of the Board to facilitate the Company seeking renewed strategic direction and varied expertise from its independent directors.
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
29/10/2010
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)
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.)
Lead Independent Director
Role and responsibilities
Chairman of Remuneration Committee;
Chairman of Nominating Committee;
Member of Audit Committee.
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
200,000 shares in listed issuer
Past (for the last 5 years)
- NED Advisory Services Pte. Ltd.
- Ascott Residence Trust Management Limited
Present
- Singapore Meditation Centre;
- Wee Swee Teow @ Co.